Worley (OTCMKTS:WYGPY) Hits New 12-Month Low – Here’s What Happened

Shares of Worley Limited (OTCMKTS:WYGPY) reached a new 52-week low on Thursday . The company traded as low as $6.59 and last traded at $6.59, with a volume of 859 shares. The stock had previously closed at $7.28.

Analysts Set New Price Targets

Separately, Royal Bank of Canada lowered shares of Worley from a “moderate buy” rating to a “hold” rating in a research report on Friday, March 14th.

Worley Stock Down 9.4 %

The firm’s fifty day simple moving average is $8.92 and its 200 day simple moving average is $9.09. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.35.

Worley Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Monday, March 10th will be issued a dividend of $0.1575 per share. The ex-dividend date of this dividend is Monday, March 10th. This is an increase from Worley’s previous dividend of $0.14.

Worley Company Profile

Worley Limited provides professional project and asset services to energy, chemicals, and resources sectors worldwide. The company offers digital, consulting, engineering and design, construction management, construction and fabrication, supply chain management, project management, and operation and maintenance services, as well as maintenance, modification, and operation services.