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

WSP Global Inc. (OTCMKTS:WSPOF)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $137.7750, but opened at $131.00. WSP Global shares last traded at $138.94, with a volume of 106 shares trading hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Scotiabank reissued an “outperform” rating on shares of WSP Global in a research note on Monday, August 10th. BMO Capital Markets reissued an “outperform” rating on shares of WSP Global in a research report on Thursday, August 6th. Royal Bank Of Canada reissued an “outperform” rating on shares of WSP Global in a research note on Monday, August 10th. Finally, Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of WSP Global in a research note on Wednesday, July 8th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, WSP Global currently has an average rating of “Buy”.

WSP Global Price Performance

The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $18.35 billion and a price-to-earnings ratio of 36.89. The company has a fifty day moving average price of $127.97 and a two-hundred day moving average price of $146.92.

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.