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

WSP Global Inc. (OTCMKTS:WSPOF) shares gapped up prior to trading on Monday . The stock had previously closed at $177.5750, but opened at $187.52. WSP Global shares last traded at $177.50, with a volume of 2 shares traded.

Wall Street Analyst Weigh In

Several research firms have issued reports on WSPOF. CIBC restated an “outperform” rating on shares of WSP Global in a research report on Monday, October 20th. Scotiabank reaffirmed an “outperform” rating on shares of WSP Global in a report on Friday, October 17th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, WSP Global presently has an average rating of “Buy”.

WSP Global Price Performance

The stock has a 50-day moving average of $183.78 and a 200-day moving average of $196.31.

About WSP Global

WSP Global Inc is a Canadian professional services firm specializing in engineering, design and environmental consulting. The company provides advisory, planning and project delivery services to public and private sector clients across the built and natural environment. Its expertise spans the full project lifecycle, from feasibility studies and regulatory approvals to design, construction oversight and asset management.

WSP’s service offerings cover a wide range of market sectors including transportation infrastructure, property and buildings, environment and resources, energy and mining, and water management.