WSP Global Inc. (TSE:WSP - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$245.68 and traded as low as C$243.03. WSP Global shares last traded at C$245.89, with a volume of 201,496 shares trading hands.
Analysts Set New Price Targets
WSP has been the subject of several recent analyst reports. Canaccord Genuity Group upped their price objective on shares of WSP Global from C$290.00 to C$305.00 in a research note on Friday, February 28th. Scotiabank upped their price objective on shares of WSP Global from C$281.00 to C$283.00 in a research note on Wednesday, February 19th. Stifel Nicolaus increased their price target on shares of WSP Global from C$295.00 to C$310.00 in a research note on Tuesday, February 18th. CIBC raised their price objective on shares of WSP Global from C$293.00 to C$295.00 in a report on Friday, February 28th. Finally, BMO Capital Markets lifted their price target on WSP Global from C$284.00 to C$294.00 in a research report on Thursday, February 27th. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of C$284.85.
View Our Latest Stock Analysis on WSP Global
WSP Global Stock Down 1.4 %
The company has a quick ratio of 1.04, a current ratio of 1.26 and a debt-to-equity ratio of 80.45. The company has a fifty day simple moving average of C$250.17 and a 200 day simple moving average of C$246.18. The firm has a market capitalization of C$31.66 billion, a P/E ratio of 46.90, a P/E/G ratio of 1.09 and a beta of 0.82.
WSP Global Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 0.61%. The ex-dividend date is Monday, March 31st. WSP Global's dividend payout ratio is currently 28.66%.
Insider Transactions at WSP Global
In other news, Director Macky Tall acquired 2,056 shares of WSP Global stock in a transaction that occurred on Thursday, March 6th. The stock was bought at an average price of C$243.94 per share, for a total transaction of C$501,540.64. Company insiders own 0.06% of the company's stock.
About WSP Global
(
Get Free Report)
WSP Global Inc provides engineering and design services to clients in the Transportation & Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).
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