Worley (OTCMKTS:WYGPY) Shares Gap Up – Here’s Why

Shares of Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) gapped up prior to trading on Friday . The stock had previously closed at $8.74, but opened at $9.3050. Worley shares last traded at $9.3050, with a volume of 279 shares trading hands.

Analysts Set New Price Targets

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

Worley Stock Performance

The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.25. The company’s 50-day simple moving average is $9.30 and its 200-day simple moving average is $8.75.

Worley Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, October 16th. Investors of record on Tuesday, September 9th were paid a $0.1295 dividend. This represents a yield of 267.0%. The ex-dividend date was Monday, September 8th.

About Worley

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.