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

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) shares traded up 6.5% on Thursday . The stock traded as high as $7.99 and last traded at $7.99. 4,321 shares were traded during trading, an increase of 89% from the average session volume of 2,284 shares. The stock had previously closed at $7.50.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group downgraded shares of Worley from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Worley currently has a consensus rating of “Moderate Buy”.

Worley Stock Performance

The firm’s fifty day moving average is $8.63 and its 200-day moving average is $8.84. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.25.

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.