WSP Global (OTCMKTS:WSPOF) Shares Gap Down – Should You Sell?

WSP Global Inc. (OTCMKTS:WSPOF)’s stock price gapped down prior to trading on Tuesday. The stock had previously closed at $121.2540, but opened at $118.0350. WSP Global shares last traded at $118.0350, with a volume of 5 shares changing hands.

Wall Street Analysts Forecast Growth

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

WSP Global Stock Performance

The stock’s 50 day moving average is $131.58 and its two-hundred day moving average is $138.73. The stock has a market capitalization of $15.85 billion and a price-to-earnings ratio of 31.85. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.79.

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.