Worley (OTCMKTS:WYGPY) Rating Lowered to “Hold” at Jefferies Financial Group

Worley (OTCMKTS:WYGPYGet Free Report) was downgraded by equities researchers at Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a research report issued on Thursday,Zacks.com reports.

Worley Trading Down 8.2%

WYGPY stock opened at $7.99 on Thursday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.25. The firm has a 50-day moving average of $9.04 and a two-hundred day moving average of $9.00. Worley has a 12 month low of $6.59 and a 12 month high of $10.11.

About Worley

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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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