WSP Global (OTCMKTS:WSPOF) Shares Gap Up – What’s Next?

WSP Global Inc. (OTCMKTS:WSPOF) gapped up before the market opened on Monday. The stock had previously closed at $114.5650, but opened at $121.30. WSP Global shares last traded at $120.53, with a volume of 11 shares changing hands.

Analyst Upgrades and Downgrades

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

WSP Global Trading Up 1.6%

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 company’s 50-day simple moving average is $130.60 and its 200-day simple moving average is $136.84.

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.