Worley Limited (OTCMKTS:WYGPY) Receives Consensus Rating of “Hold” from Analysts

Shares of Worley Limited (OTCMKTS:WYGPY) have earned an average rating of “Hold” from the six research firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating on the company.

A number of research analysts have weighed in on WYGPY shares. JPMorgan Chase & Co. raised shares of Worley from an “underweight” rating to a “neutral” rating in a research report on Tuesday, February 2nd. Credit Suisse Group lowered shares of Worley from an “outperform” rating to a “neutral” rating in a research report on Monday, February 1st. Zacks Investment Research lowered shares of Worley from a “buy” rating to a “hold” rating in a research report on Friday, April 16th. Finally, Jefferies Financial Group raised shares of Worley from a “hold” rating to a “buy” rating in a research report on Tuesday, February 23rd.

Worley stock traded up $0.10 on Wednesday, reaching $8.15. 32,007 shares of the stock were exchanged, compared to its average volume of 7,075. The stock has a market cap of $4.25 billion, a PE ratio of 14.91 and a beta of 2.74. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.28. Worley has a twelve month low of $4.20 and a twelve month high of $10.08. The firm has a fifty day moving average price of $8.27 and a two-hundred day moving average price of $8.47.

The business also recently disclosed a dividend, which was paid on Wednesday, April 14th. Stockholders of record on Friday, March 5th were given a dividend of $0.3752 per share. This represents a dividend yield of 4.11%. The ex-dividend date was Thursday, March 4th. Worley’s dividend payout ratio is currently 55.56%.

About Worley

Worley Limited provides professional services to resources and energy sectors. It operates through Energy and Chemical Services; Mining, Minerals, and Metal Services; Major Projects and Integrated Solutions; and Advisian segments. The company provides engineering design and project delivery services, including maintenance, reliability support, and advisory services.

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Analyst Recommendations for Worley (OTCMKTS:WYGPY)

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