Jefferies Financial Group downgraded shares of Worley (OTCMKTS:WYGPY – Free Report) from a strong-buy rating to a hold rating in a report issued on Thursday,Zacks.com reports.
Worley Trading Down 8.2%
Shares of OTCMKTS:WYGPY traded down $0.71 during trading hours on Thursday, hitting $7.99. 989 shares of the company’s stock traded hands, compared to its average volume of 835. The business has a fifty day moving average price of $9.04 and a 200-day moving average price of $9.00. Worley has a 1 year low of $6.59 and a 1 year high of $10.11. 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
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.
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