WSP Global (OTCMKTS:WSPOF) Reaches New 52-Week Low – What’s Next?

Shares of WSP Global Inc. (OTCMKTS:WSPOF) reached a new 52-week low during trading on Tuesday . The stock traded as low as $128.5280 and last traded at $128.5280, with a volume of 484 shares. The stock had previously closed at $132.45.

Analyst Upgrades and Downgrades

WSPOF has been the topic of several recent analyst reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of WSP Global in a research note on Friday, May 8th. Scotiabank reaffirmed an “outperform” rating on shares of WSP Global in a research note on Monday, April 13th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

WSP Global Trading Down 1.1%

The company has a debt-to-equity ratio of 0.81, a current ratio of 1.19 and a quick ratio of 1.19. The stock has a market capitalization of $17.66 billion and a price-to-earnings ratio of 81.35. The business has a 50 day simple moving average of $150.24 and a 200-day simple moving average of $167.29.

WSP Global (OTCMKTS:WSPOF) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.61 EPS for the quarter, beating analysts’ consensus estimates of $1.48 by $0.13. WSP Global had a return on equity of 12.01% and a net margin of 5.46%.The company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.65 billion.

WSP Global Company Profile

WSP Global Inc is a Canadian professional services firm specializing in engineering, design and environmental consulting. The company provides advisory, planning and project delivery services to public and private sector clients across the built and natural environment. Its expertise spans the full project lifecycle, from feasibility studies and regulatory approvals to design, construction oversight and asset management.

WSP’s service offerings cover a wide range of market sectors including transportation infrastructure, property and buildings, environment and resources, energy and mining, and water management.