WSP Global (OTCMKTS:WSPOF) Stock Falls 6% – Here’s What Happened

WSP Global Inc. (OTCMKTS:WSPOF)’s stock price dropped 6% on Tuesday. The company traded as low as $120.00 and last traded at $120.00. 903 shares changed hands during trading, a decline of 97% from the average session volume of 29,264 shares. The stock had previously closed at $127.65.

Analyst Ratings Changes

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

WSP Global Stock Down 6.0%

The company has a fifty day moving average price of $131.51 and a 200 day moving average price of $140.29. The company has a market cap of $16.18 billion and a PE ratio of 32.52. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.20 and a quick ratio of 1.20.

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.