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

Shares of WSP Global Inc. (OTCMKTS:WSPOF – Get Free Report) gapped up before the market opened on Thursday. The stock had previously closed at $119.30, but opened at $123.69. WSP Global shares last traded at $124.0715, with a volume of 205 shares changing hands.

Wall Street Analyst Weigh In

WSPOF has been the subject of a number of recent analyst reports. BMO Capital Markets reissued an “outperform” rating on shares of WSP Global in a research report on Thursday, August 6th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of WSP Global in a report on Monday, August 10th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of WSP Global in a report on Wednesday, July 8th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of WSP Global in a research note on Thursday, October 15th. Five equities research analysts have rated the stock with a Buy rating. According to MarketBeat, WSP Global presently has a consensus rating of “Buy”.

Get Our Latest Stock Report on WSPOF

WSP Global Stock Down 0.1%

The business’s fifty day moving average is $127.89 and its two-hundred day moving average is $134.99. The stock has a market cap of $17.56 billion and a price-to-earnings ratio of 35.31. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.79.

About WSP Global

(Get Free Report)

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.

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