WSP Global (OTCMKTS:WSPOF) Stock Price Up 5.4% – Should You Buy?

WSP Global Inc. (OTCMKTS:WSPOF) rose 5.4% on Friday . The company traded as high as $130.82 and last traded at $130.82. 101 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 19,375 shares. The stock had previously closed at $124.1005.

Analyst Ratings Changes

Several analysts have issued reports on the company. Scotiabank reissued an “outperform” rating on shares of WSP Global in a research note on Monday, April 13th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of WSP Global in a research report on Wednesday, July 8th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, WSP Global presently has a consensus rating of “Buy”.

WSP Global Stock Down 0.6%

The stock’s fifty day moving average price is $132.26 and its 200-day moving average price is $158.75. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.81. The company has a market capitalization of $17.53 billion and a price-to-earnings ratio of 80.75.

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

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.