Worley (OTCMKTS:WYGPY) Shares Gap Down – Time to Sell?

Shares of Worley Limited Unsponsored ADR (OTCMKTS:WYGPYGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $8.65, but opened at $7.91. Worley shares last traded at $7.91, with a volume of 310 shares.

Analyst Ratings Changes

Separately, Royal Bank Of Canada raised shares of Worley from a “hold” rating to a “moderate buy” rating in a report on Tuesday, September 2nd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy”.

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Worley Price Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a 50 day moving average price of $8.79 and a 200-day moving average price of $8.82.

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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