Worley (OTCMKTS:WYGPY) Stock Price Up 6.5% – Time to Buy?

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY)’s share price rose 6.5% during mid-day trading on Monday . The company traded as high as $8.40 and last traded at $8.40. Approximately 163 shares changed hands during trading, a decline of 87% from the average daily volume of 1,231 shares. The stock had previously closed at $7.8865.

Wall Street Analyst Weigh In

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

Worley Price Performance

The business’s fifty day simple moving average is $8.97 and its two-hundred day simple moving average is $8.99. 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 (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.