WSP Global (OTCMKTS:WSPOF) Trading Up 5.4% – What’s Next?

Shares of WSP Global Inc. (OTCMKTS:WSPOF) traded up 5.4% during mid-day trading on Friday . The company traded as high as $130.82 and last traded at $130.82. 101 shares changed hands during trading, a decline of 99% from the average session volume of 19,375 shares. The stock had previously closed at $124.1005.

Wall Street Analyst Weigh In

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

WSP Global Stock Performance

The stock’s 50 day moving average is $131.65 and its two-hundred day moving average is $158.54. The firm has a market capitalization of $17.39 billion and a P/E ratio of 80.10. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.19 and a quick ratio of 1.19.

WSP Global (OTCMKTS:WSPOF) last released its earnings results on Wednesday, May 6th. The company reported $1.61 EPS 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 firm had revenue of $2.70 billion during 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.