WSP Global (OTCMKTS:WSPOF) Shares Gap Up – Should You Buy?

WSP Global Inc. (OTCMKTS:WSPOF) gapped up prior to trading on Thursday . The stock had previously closed at $133.11, but opened at $153.99. WSP Global shares last traded at $128.6975, with a volume of 62 shares traded.

Analyst Upgrades and Downgrades

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

WSP Global Trading Down 1.0%

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 stock has a market cap of $17.48 billion and a price-to-earnings ratio of 35.14. The company has a fifty day simple moving average of $130.46 and a 200-day simple moving average of $143.30.

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.