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

WSP Global Inc. (OTCMKTS:WSPOF)’s stock price gapped down before the market opened on Friday. The stock had previously closed at $116.63, but opened at $111.43. WSP Global shares last traded at $117.44, with a volume of 1,384 shares traded.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on WSPOF. BMO Capital Markets reaffirmed an “outperform” rating on shares of WSP Global in a research note on Thursday, August 6th. Royal Bank Of Canada reiterated an “outperform” rating on shares of WSP Global in a report on Monday, August 10th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of WSP Global in a research note on Wednesday, July 8th. Finally, Scotiabank reiterated an “outperform” rating on shares of WSP Global in a research note on Thursday. Five equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, WSP Global presently has an average rating of “Buy”.

WSP Global Stock Performance

The company has a market capitalization of $15.96 billion and a PE ratio of 32.08. The stock’s 50-day simple moving average is $129.84 and its 200 day simple moving average is $136.28. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.20 and a current ratio of 1.20.

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.