Worley (OTCMKTS:WYGPY) Trading 6.5% Higher – Here’s Why

Shares of Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) were up 6.5% on Monday . The stock traded as high as $8.40 and last traded at $8.40. Approximately 163 shares traded hands during trading, a decline of 87% from the average daily volume of 1,231 shares. The stock had previously closed at $7.8865.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut shares of Worley from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Worley has a consensus rating of “Moderate Buy”.

Worley Trading Up 15.6%

The company has a debt-to-equity ratio of 0.25, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a 50-day moving average price of $8.97 and a two-hundred day moving average price of $8.99.

About Worley

Worley (OTCMKTS:WYGPY) is a global professional services company specializing in engineering, procurement and construction (EPC) solutions for the energy, chemicals and resources sectors. Headquartered in North Sydney, Australia, the firm offers project delivery, consulting and advisory services across the full asset lifecycle, from concept and feasibility through design, execution and operations support. Worley’s client base spans major international oil and gas companies, mining operators, petrochemical producers and utility providers.

The company’s service offerings encompass traditional engineering and project management as well as digital and sustainability-focused solutions.