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

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

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WSPOF. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of WSP Global in a research note 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 report on Thursday, August 6th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of WSP Global in a research report on Monday, August 10th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

WSP Global Price Performance

The stock has a fifty day moving average price of $131.37 and a 200-day moving average price of $139.65. The firm has a market capitalization of $16.61 billion and a PE ratio of 33.39. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.20 and a current ratio of 1.20.

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.