WSP Global (OTCMKTS:WSPOF) Stock Price Down 8.2% – Should You Sell?

WSP Global Inc. (OTCMKTS:WSPOF) fell 8.2% on Wednesday . The stock traded as low as $139.95 and last traded at $139.95. 649 shares changed hands during trading, a decline of 94% from the average session volume of 10,668 shares. The stock had previously closed at $152.3830.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on WSPOF. Scotiabank reissued an “outperform” rating on shares of WSP Global in a report on Monday, April 13th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of WSP Global in a report on Friday. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy”.

WSP Global Trading Down 8.8%

The firm has a fifty day simple moving average of $162.36 and a two-hundred day simple moving average of $175.33.

WSP Global (OTCMKTS:WSPOF) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $1.61 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.13. The firm had revenue of $2.70 billion for the quarter, compared to the consensus estimate 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.