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Worley (OTCMKTS:WYGPY) Shares Gap Up - What's Next?

Worley logo with Business Services background

Key Points

  • Worley Limited's stock price experienced a significant gap up, opening at $9.88 compared to a previous close of $9.02, with a trading volume of 132 shares.
  • The Royal Bank of Canada upgraded Worley from a "hold" to a "moderate buy" rating, contributing to a current consensus rating of "Buy".
  • Worley announced a dividend of $0.1295 per share, with a substantial dividend yield of 267.0%, payable on October 16th to investors of record as of September 9th.
  • MarketBeat previews the top five stocks to own by October 1st.

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY - Get Free Report)'s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $9.02, but opened at $9.88. Worley shares last traded at $9.88, with a volume of 132 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada upgraded Worley from a "hold" rating to a "moderate buy" rating in a report on Tuesday, September 2nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy".

Get Our Latest Report on Worley

Worley Trading Up 9.5%

The stock has a fifty day moving average of $8.79 and a two-hundred day moving average of $8.46. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.25.

Worley Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Thursday, October 16th. Investors of record on Tuesday, September 9th will be paid a dividend of $0.1295 per share. The ex-dividend date of this dividend is Monday, September 8th. This represents a dividend yield of 267.0%.

About Worley

(Get Free Report)

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.

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