WSP Global Stock Hits Day Low of CAD 216.08 Amid Price Pressure

WSP Global, Inc., a prominent player in the construction industry, experienced a notable decline today, with its stock price dropping by 5.8%. The stock reached an intraday low of CAD 216.08, reflecting a challenging trading session. Over the past week, WSP Global has seen a decrease of 2.26%, while its performance over the past month has been more pronounced, with a decline of 19.91%. In comparison to the S&P/TSX 60, which gained 0.51% today, WSP Global's performance has lagged significantly. Year-to-date, the stock is down 13.0%, contrasting sharply with the S&P/TSX 60's positive return of 5.16%. Despite these short-term fluctuations, WSP Global maintains a strong financial position, highlighted by a robust EBIT to Interest ratio of 6.48 and a high return on capital employed (ROCE) of 12.40%. The company has demonstrated healthy long-term growth, with an operating profit growth rate of 23.86%. With a market capitalization of CAD 34,853 million, WSP Global continues to be a significant entity within its sector.