Worley (OTCMKTS:WYGPY) Reaches New 52-Week Low – Here’s Why

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $6.49 and last traded at $6.49, with a volume of 30476 shares. The stock had previously closed at $6.9295.

Analyst Ratings Changes

Separately, Jefferies Financial Group cut Worley from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Worley Stock Performance

The firm’s fifty day simple moving average is $8.84 and its 200 day simple moving average is $8.94. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.25.

Worley Company Profile

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.