WSP Global (OTCMKTS:WSPOF) Shares Gap Down – What’s Next?

Shares of WSP Global Inc. (OTCMKTS:WSPOF) gapped down before the market opened on Wednesday. The stock had previously closed at $127.65, but opened at $121.0150. WSP Global shares last traded at $121.6260, with a volume of 10 shares.

Analyst Upgrades and Downgrades

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

WSP Global Stock Performance

The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.79. The company has a market cap of $16.41 billion and a price-to-earnings ratio of 32.98. The stock has a 50 day moving average price of $131.39 and a two-hundred day moving average price of $139.95.

WSP Global Company Profile

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.