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

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

Analyst Ratings Changes

WSPOF has been the topic of a number of research reports. Canadian Imperial Bank of Commerce restated 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 report on Monday, April 13th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy”.

WSP Global Stock Down 1.1%

The company’s fifty day moving average price is $150.24 and its 200-day moving average price is $167.29. The stock has a market cap of $17.66 billion and a P/E ratio of 81.35. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.19 and a current ratio of 1.19.

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

About WSP Global

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.