WSP Global (OTCMKTS:WSPOF) Shares Gap Up – Here’s What Happened

WSP Global Inc. (OTCMKTS:WSPOF) gapped up prior to trading on Tuesday. The stock had previously closed at $133.7650, but opened at $141.00. WSP Global shares last traded at $139.5951, with a volume of 460 shares.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on WSPOF. Royal Bank Of Canada reissued an “outperform” rating on shares of WSP Global in a research note on Monday, August 10th. Scotiabank reiterated an “outperform” rating on shares of WSP Global in a report on Thursday, October 15th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of WSP Global in a report on Wednesday, July 8th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of WSP Global in a research note on Thursday, August 6th. Five investment analysts have rated the stock with a Buy rating. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

WSP Global Stock Down 4.8%

The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.79. The business has a 50-day moving average price of $127.31 and a 200-day moving average price of $145.04. The firm has a market capitalization of $18.27 billion and a PE ratio of 36.72.

WSP Global (OTCMKTS:WSPOF) last issued its earnings results on Wednesday, November 4th. The company reported $2.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.24 by $0.05. The company had revenue of $3.02 billion during the quarter, compared to analysts’ expectations of $2.96 billion. WSP Global had a return on equity of 12.52% and a net margin of 5.34%.

WSP Global Company Profile

WSP Global Inc is a Canada-based professional services and consulting company that provides engineering, advisory, and project delivery services to public- and private-sector clients. Its work supports the planning, design, and management of complex projects across the built and natural environments.

The company’s activities include transportation and infrastructure consulting, engineering and design for buildings, environmental and climate services, energy and resources consulting, and project and program management.