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

by · The Cerbat Gem

WSP Global Inc. (OTCMKTS:WSPOF – Get Free Report) shares gapped down before the market opened 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

A number of equities research analysts have issued reports on WSPOF shares. Scotiabank reaffirmed an “outperform” rating on shares of WSP Global in a research report 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. Royal Bank Of Canada restated an “outperform” rating on shares of WSP Global in a research note on Monday, August 10th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of WSP Global in a research note on Thursday, August 6th. Five analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy”.

Read Our Latest Stock Report on WSP Global

WSP Global Price Performance

The company has a market capitalization of $17.07 billion and a PE ratio of 34.32. 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 fifty day simple moving average of $131.60 and a 200-day simple moving average of $141.12.

WSP Global Company Profile

(Get Free Report)

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.

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