Worley (OTCMKTS:WYGPY) Trading 12.9% Higher – What’s Next?

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) shares were up 12.9% during mid-day trading on Thursday . The stock traded as high as $8.73 and last traded at $8.73. Approximately 497 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 1,378 shares. The stock had previously closed at $7.73.

Wall Street Analyst Weigh In

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

Worley Stock Performance

The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.25. The stock has a 50 day simple moving average of $8.79 and a two-hundred day simple moving average of $8.81.

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.