Worley (OTCMKTS:WYGPY) Stock Price Down 12.8% – Should You Sell?

Worley Limited Unsponsored ADR (OTCMKTS:WYGPYGet Free Report) shares dropped 12.8% during trading on Friday . The stock traded as low as $6.8795 and last traded at $6.8795. Approximately 345 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 1,149 shares. The stock had previously closed at $7.8865.

Analyst Upgrades and Downgrades

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

Get Our Latest Stock Analysis on Worley

Worley Stock Performance

The stock has a 50-day simple moving average of $9.00 and a 200 day simple moving average of $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

(Get Free Report)

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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