Worley (OTCMKTS:WYGPY) Stock Price Down 3.9% – Here’s Why

Worley Limited Unsponsored ADR (OTCMKTS:WYGPYGet Free Report) shares traded down 3.9% during mid-day trading on Tuesday . The stock traded as low as $8.32 and last traded at $8.32. 1,037 shares changed hands during trading, a decline of 24% from the average session volume of 1,358 shares. The stock had previously closed at $8.66.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Analysis on Worley

Worley Price Performance

The firm’s 50 day simple moving average is $8.73 and its 200-day simple moving average is $8.85. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.25.

Worley Company Profile

(Get Free Report)

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.

Further Reading

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