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

WSP Global Inc. (OTCMKTS:WSPOF – Get Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $113.12, but opened at $122.40. WSP Global shares last traded at $122.48, with a volume of 182 shares trading hands.

Wall Street Analysts Forecast Growth

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

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WSP Global Price Performance

The stock has a market capitalization of $16.62 billion and a PE ratio of 76.58. The business’s 50-day moving average price is $128.73 and its 200 day moving average price is $155.76. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.19 and a current ratio of 1.19.

WSP Global (OTCMKTS:WSPOF – Get Free Report) last issued its quarterly earnings data 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. WSP Global had a return on equity of 12.01% and a net margin of 5.46%.The company had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.65 billion.

WSP Global Company Profile

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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.

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