WSP Global (OTCMKTS:WSPOF) Shares Gap Up – Time to Buy?

WSP Global Inc. (OTCMKTS:WSPOF)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $128.39, but opened at $135.32. WSP Global shares last traded at $135.32, with a volume of 10 shares.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on WSPOF. Scotiabank reissued an “outperform” rating on shares of WSP Global in a report on Monday, August 10th. BMO Capital Markets reiterated an “outperform” rating on shares of WSP Global in a research report on Thursday, August 6th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of WSP Global in a report on Wednesday, July 8th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of WSP Global in a research note on Monday, August 10th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy”.

WSP Global Stock Performance

The stock has a market capitalization of $17.72 billion and a price-to-earnings ratio of 35.62. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.20 and a quick ratio of 1.20. The stock has a 50-day moving average of $131.46 and a 200 day moving average of $141.37.

About WSP Global

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.