Worley (OTCMKTS:WYGPY) Shares Gap Up – Here’s What Happened

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) shares gapped up before the market opened on Monday . The stock had previously closed at $7.55, but opened at $7.95. Worley shares last traded at $7.95, with a volume of 100 shares.

Analysts Set New Price Targets

Separately, Jefferies Financial Group downgraded 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 assigned a Hold rating to the company. According to data from MarketBeat, Worley presently has an average rating of “Moderate Buy”.

Worley Price Performance

The company’s 50 day simple moving average is $8.56 and its 200 day simple moving average is $8.81. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.03 and a quick ratio of 1.03.

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.