WSP Global (OTCMKTS:WSPOF) Sets New 1-Year Low – Time to Sell?

Shares of WSP Global Inc. (OTCMKTS:WSPOF) hit 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 traded. The stock had previously closed at $123.1825.

Analyst Upgrades and Downgrades

WSPOF has been the topic of several research analyst reports. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of WSP Global in a research note on Friday, May 8th. Scotiabank reiterated an “outperform” rating on shares of WSP Global in a report on Monday, April 13th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, WSP Global currently has an average rating of “Buy”.

WSP Global Stock Performance

The company has a 50-day simple moving average of $140.43 and a two-hundred day simple moving average of $162.66. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.19 and a current ratio of 1.19. The firm has a market capitalization of $16.88 billion and a P/E ratio of 77.76.

WSP Global (OTCMKTS:WSPOF) last released its 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. The company had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.65 billion. WSP Global had a return on equity of 12.01% and a net margin of 5.46%.

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.