WSP Global (OTCMKTS:WSPOF) Shares Gap Down – Should You Sell?

Shares of WSP Global Inc. (OTCMKTS:WSPOF) gapped down prior to trading on Friday . The stock had previously closed at $180.56, but opened at $174.73. WSP Global shares last traded at $181.16, with a volume of 151 shares traded.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on WSPOF. CIBC restated an “outperform” rating on shares of WSP Global in a report on Monday, October 20th. TD Securities reissued a “buy” rating on shares of WSP Global in a research note on Tuesday, December 23rd. Finally, Scotiabank reaffirmed an “outperform” rating on shares of WSP Global in a research note on Tuesday, December 23rd. Four analysts have rated the stock with a Buy rating, According to MarketBeat, WSP Global currently has an average rating of “Buy”.

WSP Global Stock Performance

The stock has a 50-day simple moving average of $180.49 and a 200-day simple moving average of $195.20.

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.