WSP Global (OTCMKTS:WSPOF) Shares Gap Down – Time to Sell?

WSP Global Inc. (OTCMKTS:WSPOF) gapped down before the market opened on Wednesday. The stock had previously closed at $127.65, but opened at $121.0150. WSP Global shares last traded at $121.6260, with a volume of 10 shares trading hands.

Analyst Upgrades and Downgrades

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

WSP Global Price Performance

The stock has a 50-day simple moving average of $131.39 and a 200 day simple moving average of $139.95. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market cap of $16.41 billion and a P/E ratio of 32.98.

WSP Global Company Profile

WSP Global Inc is a Canada-based professional services firm that provides consulting, engineering, design, and project management services to public- and private-sector clients. The company supports projects across the built and natural environments, combining technical expertise with advisory and strategic services.

Its activities include transportation and infrastructure planning, building design, environmental consulting, energy and resource development, industrial projects, water services, and urban planning.