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

WSP Global Inc. (OTCMKTS:WSPOF)’s stock price gapped up before the market opened on Tuesday. The stock had previously closed at $133.7650, but opened at $141.00. WSP Global shares last traded at $139.5951, with a volume of 460 shares trading hands.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of WSP Global in a report on Wednesday, July 8th. Scotiabank reaffirmed an “outperform” rating on shares of WSP Global in a research note on Thursday, October 15th. Royal Bank Of Canada reiterated an “outperform” rating on shares of WSP Global in a research note on Monday, August 10th. Finally, BMO Capital Markets restated an “outperform” rating on shares of WSP Global in a research report on Thursday, August 6th. Five equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.

WSP Global Stock Performance

The firm has a fifty day moving average price of $127.16 and a 200 day moving average price of $145.87. 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 firm has a market cap of $18.91 billion and a PE ratio of 38.01.

About WSP Global

WSP Global Inc is a Canada-based professional services and consulting company that provides engineering, advisory, and project delivery services to public- and private-sector clients. Its work supports the planning, design, and management of complex projects across the built and natural environments.

The company’s activities include transportation and infrastructure consulting, engineering and design for buildings, environmental and climate services, energy and resources consulting, and project and program management.