WSP Global (OTCMKTS:WSPOF) Hits New 12-Month Low – What’s Next?

WSP Global Inc. (OTCMKTS:WSPOF)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as $129.07 and last traded at $129.1760, with a volume of 342 shares changing hands. The stock had previously closed at $133.98.

Analysts Set New Price Targets

Several research firms have recently weighed in on WSPOF. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of WSP Global in a research report on Friday, May 8th. Scotiabank reissued an “outperform” rating on shares of WSP Global in a research report on Monday, April 13th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, WSP Global currently has an average rating of “Buy”.

WSP Global Stock Performance

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 stock’s 50-day moving average is $153.24 and its two-hundred day moving average is $169.00.

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