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

WSP Global Inc. (OTCMKTS:WSPOF)’s stock price reached a new 52-week low on Wednesday . The company traded as low as $111.0835 and last traded at $111.0835, with a volume of 6 shares changing hands. The stock had previously closed at $123.1825.

Analyst Ratings Changes

Several research firms have commented on WSPOF. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of WSP Global in a report on Friday, May 8th. Scotiabank restated 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.com, WSP Global has an average rating of “Buy”.

WSP Global Price Performance

The firm has a market cap of $19.28 billion and a P/E ratio of 88.82. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.81. The business has a 50-day moving average of $142.10 and a two-hundred day moving average of $163.35.

WSP Global (OTCMKTS:WSPOF) last posted its earnings results on Wednesday, May 6th. The company reported $1.61 EPS for the quarter, beating the consensus estimate of $1.48 by $0.13. WSP Global had a return on equity of 12.01% and a net margin of 5.46%.The firm had revenue of $2.70 billion during 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.