Worley (OTCMKTS:WYGPY) Trading Up 9.4% – Time to Buy?

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY)’s share price was up 9.4% during mid-day trading on Tuesday . The stock traded as high as $7.5338 and last traded at $7.5338. Approximately 216 shares changed hands during trading, a decline of 90% from the average daily volume of 2,160 shares. The stock had previously closed at $6.8850.

Wall Street Analyst Weigh In

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

Worley Trading Up 4.9%

The company has a debt-to-equity ratio of 0.25, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a fifty day moving average price of $8.81 and a 200-day moving average price of $8.93.

About Worley

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.