Worley (OTCMKTS:WYGPY) Stock Price Up 8.7% – Should You Buy?

Shares of Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) shot up 8.7% on Wednesday . The company traded as high as $8.76 and last traded at $8.7150. 1,305 shares traded hands during mid-day trading, a decline of 6% from the average session volume of 1,389 shares. The stock had previously closed at $8.02.

Analyst Ratings Changes

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

Worley Trading Up 7.3%

The firm’s fifty day moving average price is $9.15 and its 200-day moving average price is $8.80. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.25.

Worley Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, October 16th. Stockholders of record on Tuesday, September 9th were issued a dividend of $0.1295 per share. This represents a dividend yield of 267.0%. The ex-dividend date of this dividend was Monday, September 8th.

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.