Worley (OTCMKTS:WYGPY) Shares Gap Up – Here’s Why

Shares of Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) gapped up before the market opened on Tuesday . The stock had previously closed at $7.73, but opened at $8.73. Worley shares last traded at $8.73, with a volume of 3,115 shares.

Analyst Upgrades and Downgrades

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

Worley Stock Up 12.9%

The stock’s fifty day simple moving average is $8.86 and its 200-day simple moving average is $8.82. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.25.

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.