Worley (OTCMKTS:WYGPY) Shares Up 9.4% – Still a Buy?

Shares of Worley Limited Unsponsored ADR (OTCMKTS:WYGPYGet Free Report) shot up 9.4% on Tuesday . The company traded as high as $7.5338 and last traded at $7.5338. 216 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 2,160 shares. The stock had previously closed at $6.8850.

Wall Street Analyst Weigh In

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

Read Our Latest Analysis on WYGPY

Worley Stock Up 4.9%

The business has a fifty day moving average of $8.81 and a 200-day moving average of $8.93. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.25.

About Worley

(Get Free Report)

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.

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