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

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) gapped down prior to trading on Wednesday . The stock had previously closed at $9.11, but opened at $8.4380. Worley shares last traded at $8.68, with a volume of 938 shares.

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 report on Tuesday, September 2nd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy”.

Worley Price Performance

The company has a 50-day moving average price of $8.97 and a 200 day moving average price of $8.82. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.03 and a quick ratio of 1.03.

Worley Company Profile

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.