Worley Limited Unsponsored ADR (OTCMKTS:WYGPY – Get Free Report)’s share price gapped down before the market opened on Thursday after Jefferies Financial Group downgraded the stock from a strong-buy rating to a hold rating. The stock had previously closed at $9.5690, but opened at $8.70. Worley shares last traded at $8.70, with a volume of 260 shares traded.
Worley Stock Performance
The firm’s 50 day simple moving average is $9.04 and its 200-day simple moving average is $9.00. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.03 and a quick ratio of 1.03.
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.
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