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

WSP Global Inc. (OTCMKTS:WSPOF) reached a new 52-week low during trading on Thursday . The company traded as low as $137.1325 and last traded at $137.1325, with a volume of 68 shares trading hands. The stock had previously closed at $138.90.

Wall Street Analyst Weigh In

A number of research firms have recently commented on WSPOF. Scotiabank reaffirmed an “outperform” rating on shares of WSP Global in a research note on Monday, April 13th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of WSP Global in a research note on Friday, May 8th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

WSP Global Trading Down 0.3%

The stock’s 50-day moving average is $158.04 and its 200-day moving average is $172.37.

WSP Global (OTCMKTS:WSPOF) last posted its earnings results on Wednesday, May 6th. The company reported $1.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.13. The business had revenue of $2.70 billion for 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.