WSP Global (OTCMKTS:WSPOF) Shares Gap Up – Should You Buy?

WSP Global Inc. (OTCMKTS:WSPOF) gapped up prior to trading on Monday . The stock had previously closed at $122.7580, but opened at $141.6320. WSP Global shares last traded at $127.44, with a volume of 261 shares.

Analyst Ratings Changes

WSPOF has been the subject of a number of recent analyst reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of WSP Global in a research report on Wednesday, July 8th. Scotiabank reiterated an “outperform” rating on shares of WSP Global in a research report on Monday, April 13th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.

WSP Global Stock Performance

The company has a 50 day moving average of $127.20 and a two-hundred day moving average of $153.91. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.19 and a quick ratio of 1.19. The company has a market capitalization of $16.45 billion and a PE ratio of 75.79.

WSP Global (OTCMKTS:WSPOF) last announced its quarterly earnings data 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 business had revenue of $2.70 billion during the quarter, compared to analyst estimates 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.