Worley (OTCMKTS:WYGPY) Cut to Hold at Jefferies Financial Group

Jefferies Financial Group downgraded shares of Worley (OTCMKTS:WYGPYFree Report) from a strong-buy rating to a hold rating in a report published on Thursday,Zacks.com reports.

Worley Price Performance

OTCMKTS WYGPY opened at $7.99 on Thursday. Worley has a twelve month low of $6.59 and a twelve month high of $10.11. The stock has a fifty day simple moving average of $9.04 and a 200 day simple moving average of $9.01. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.03 and a current ratio of 1.03.

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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