Worley (OTCMKTS:WYGPY) Shares Up 12.9% – Time to Buy?

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY)’s stock price rose 12.9% on Thursday . The stock traded as high as $8.73 and last traded at $8.73. Approximately 497 shares were traded during trading, a decline of 64% from the average daily volume of 1,378 shares. The stock had previously closed at $7.73.

Analyst Ratings Changes

Separately, Royal Bank Of Canada raised shares of Worley from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, September 2nd. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Worley currently has a consensus rating of “Buy”.

Worley Stock Performance

The business’s 50-day moving average price is $8.84 and its 200-day moving average price is $8.82. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.25.

About Worley

Worley Limited provides professional project and asset services to energy, chemicals, and resources sectors worldwide. The company offers digital, consulting, engineering and design, construction management, construction and fabrication, supply chain management, project management, and operation and maintenance services, as well as maintenance, modification, and operation services.