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

WSP Global Inc. (OTCMKTS:WSPOF)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $187.00, but opened at $162.45. WSP Global shares last traded at $159.00, with a volume of 527 shares trading hands.

Wall Street Analyst Weigh In

WSPOF has been the topic of several analyst reports. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of WSP Global in a research report on Monday, October 20th. TD Securities reiterated a “buy” rating on shares of WSP Global in a research note on Tuesday, December 23rd. Finally, Scotiabank reissued an “outperform” rating on shares of WSP Global in a report on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy”.

WSP Global Price Performance

The firm’s 50-day moving average is $186.13 and its 200-day moving average is $192.09.

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.