WSP Global (OTCMKTS:WSPOF) Shares Gap Up – Should You Buy?

Shares of WSP Global Inc. (OTCMKTS:WSPOF) gapped up before the market opened on Friday . The stock had previously closed at $130.90, but opened at $138.03. WSP Global shares last traded at $138.03, with a volume of 5 shares.

Analyst Upgrades and Downgrades

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

WSP Global Stock Down 1.9%

The firm has a 50 day simple moving average of $153.77 and a 200 day simple moving average of $169.31.

WSP Global (OTCMKTS:WSPOF) last issued its earnings results on Wednesday, May 6th. The company reported $1.61 EPS for the quarter, topping the consensus estimate of $1.48 by $0.13. WSP Global had a return on equity of 12.01% and a net margin of 5.46%.The business had revenue of $2.70 billion during the quarter, compared to the consensus estimate 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.