WSP Global (OTCMKTS:WSPOF) Stock Price Down 6% – Here’s What Happened

WSP Global Inc. (OTCMKTS:WSPOF)’s stock price dropped 6% during trading on Tuesday. The company traded as low as $120.00 and last traded at $120.00. 903 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 29,264 shares. The stock had previously closed at $127.65.

Analyst Ratings Changes

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

WSP Global Stock Down 6.0%

The stock has a market cap of $16.18 billion and a PE ratio of 32.52. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.20 and a quick ratio of 1.20. The company has a 50 day moving average price of $131.51 and a two-hundred day moving average price of $140.29.

About WSP Global

WSP Global Inc is a Canada-based professional services firm that provides consulting, engineering, design, and project management services to public- and private-sector clients. The company supports projects across the built and natural environments, combining technical expertise with advisory and strategic services.

Its activities include transportation and infrastructure planning, building design, environmental consulting, energy and resource development, industrial projects, water services, and urban planning.