Worley (OTCMKTS:WYGPY) Shares Down 12.8% – What’s Next?

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) fell 12.8% on Friday . The stock traded as low as $6.8795 and last traded at $6.8795. 345 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 1,149 shares. The stock had previously closed at $7.8865.

Analyst Upgrades and Downgrades

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

Worley Price Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.03 and a current ratio of 1.03. The business has a 50 day moving average of $9.00 and a 200-day moving average of $9.00.

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.