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

WSP Global Inc. (OTCMKTS:WSPOF) shares gapped down prior to trading on Thursday . The stock had previously closed at $136.64, but opened at $128.3015. WSP Global shares last traded at $128.42, with a volume of 106 shares trading hands.

Wall Street Analysts Forecast Growth

WSPOF has been the topic of several research reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of WSP Global in a report on Monday, August 10th. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of WSP Global in a research report on Wednesday, July 8th. BMO Capital Markets restated an “outperform” rating on shares of WSP Global in a research note on Thursday, August 6th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of WSP Global in a research report on Monday, August 10th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

WSP Global Price Performance

The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market capitalization of $17.07 billion and a PE ratio of 34.32. The company’s 50-day simple moving average is $131.60 and its 200-day simple moving average is $141.12.

WSP Global Company Profile

WSP Global Inc is a Canada-based professional services and consulting company that provides engineering, design, environmental, and strategic advisory services. Its work supports the planning, design, and delivery of complex projects for public- and private-sector clients.

The company serves clients across transportation and infrastructure, property and buildings, environmental consulting, energy, resources, and industrial markets. Its services include project and program management, engineering design, urban planning, environmental assessment, climate and sustainability consulting, and technical advisory work.

WSP operates through a global network serving clients in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region.