WSP Global (OTCMKTS:WSPOF) Reaches New 52-Week Low – Should You Sell?

WSP Global Inc. (OTCMKTS:WSPOF)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $121.44 and last traded at $121.44, with a volume of 56 shares traded. The stock had previously closed at $124.9746.

Analyst Ratings Changes

A number of research firms have commented on WSPOF. Canadian Imperial Bank of Commerce restated 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 research note on Monday, April 13th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy”.

WSP Global Stock Performance

The firm has a market cap of $16.40 billion and a price-to-earnings ratio of 75.57. 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 stock has a fifty day moving average price of $146.28 and a 200-day moving average price of $165.15.

WSP Global (OTCMKTS:WSPOF) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.61 earnings per share for the quarter, topping 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.

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.