Worley (OTCMKTS:WYGPY) Trading Up 6.5% – Here’s What Happened

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY)’s share price shot up 6.5% on Monday . The stock traded as high as $8.40 and last traded at $8.40. 163 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 1,231 shares. The stock had previously closed at $7.8865.

Analyst Ratings Changes

Separately, Jefferies Financial Group lowered 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Worley Stock Performance

The company has a debt-to-equity ratio of 0.25, a current ratio of 1.03 and a quick ratio of 1.03. The stock’s 50 day moving average price is $8.93 and its 200 day moving average price is $8.98.

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.