Worley (OTCMKTS:WYGPY) Trading Down 10.9% – Here’s Why

Shares of Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) fell 10.9% on Monday . The stock traded as low as $7.73 and last traded at $7.73. 482 shares were traded during mid-day trading, a decline of 65% from the average session volume of 1,373 shares. The stock had previously closed at $8.68.

Analysts Set New Price Targets

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

Worley Stock 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 stock has a 50 day moving average price of $8.84 and a two-hundred day moving average price of $8.82.

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.