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

Shares of WSP Global Inc. (OTCMKTS:WSPOF) gapped down prior to trading on Tuesday . The stock had previously closed at $167.4450, but opened at $157.69. WSP Global shares last traded at $157.69, with a volume of 13 shares trading hands.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on WSPOF. Scotiabank reissued an “outperform” rating on shares of WSP Global in a research note on Thursday, January 22nd. TD Securities reissued a “buy” rating on shares of WSP Global in a report on Tuesday, December 23rd. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

WSP Global Stock Up 5.6%

The company’s 50 day simple moving average is $184.10 and its two-hundred day simple moving average is $189.76.

WSP Global Company Profile

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.