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

Shares of WSP Global Inc. (OTCMKTS:WSPOF) gapped down prior to trading on Thursday. The stock had previously closed at $136.64, but opened at $128.3015. WSP Global shares last traded at $128.42, with a volume of 106 shares.

Analyst Ratings Changes

WSPOF has been the topic of several analyst reports. Royal Bank Of Canada restated an “outperform” rating on shares of WSP Global in a research note on Monday, August 10th. Scotiabank reaffirmed an “outperform” rating on shares of WSP Global in a research note on Monday, August 10th. BMO Capital Markets reiterated an “outperform” rating on shares of WSP Global in a report on Thursday, August 6th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of WSP Global in a research report on Wednesday, July 8th. Five equities research 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 Price Performance

The company has a debt-to-equity ratio of 0.79, a current ratio of 1.20 and a quick ratio of 1.20. The stock’s 50 day moving average price is $131.50 and its two-hundred day moving average price is $140.76. The firm has a market capitalization of $17.25 billion and a price-to-earnings ratio of 34.67.

WSP Global Company Profile

WSP Global Inc is a Canada-based professional services and consulting company that provides engineering, design, environmental, and strategic advisory services. Its work supports the planning, design, and delivery of complex projects for public- and private-sector clients.

The company serves clients across transportation and infrastructure, property and buildings, environmental consulting, energy, resources, and industrial markets. Its services include project and program management, engineering design, urban planning, environmental assessment, climate and sustainability consulting, and technical advisory work.

WSP operates through a global network serving clients in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region.