Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) Short Interest Update

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 5,746 shares, a growth of 54.8% from the February 26th total of 3,711 shares. Based on an average daily trading volume, of 8,118 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Jefferies Financial Group downgraded Worley from a “strong-buy” rating to a “hold” rating in a report 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Worley Stock Performance

WYGPY stock opened at $7.46 on Friday. The business has a 50 day moving average of $8.56 and a 200 day moving average of $8.82. Worley has a twelve month low of $6.49 and a twelve month high of $9.99. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.25.

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.