The stock of Worleyparsons Limited (ASX:WOR) is a huge mover today! The stock increased 4.89% or $0.43 on November 22, hitting $9.22. About 3.99 million shares traded hands or 118.03% up from the average. Worleyparsons Limited (ASX:WOR) has risen 41.41% since April 26, 2016 and is uptrending. It has outperformed by 36.86% the S&P500.
The move comes after 8 months positive chart setup for the $2.27B company. It was reported on Nov, 22 by Barchart.com. We have $10.05 PT which if reached, will make ASX:WOR worth $204.30 million more.
More notable recent Worleyparsons Limited (ASX:WOR) news were published by: Fool.com.Au which released: “Is the Worleyparsons share price set to gain 150% in 2016?” on January 29, 2016, also Fool.com.Au with their article: “Worleyparsons Limited scraps dividend as profit crashes” published on February 23, 2016, Fool.com.Au published: “Here’s why the Worleyparsons Limited share price is falling today” on August 11, 2015. More interesting news about Worleyparsons Limited (ASX:WOR) were released by: Fool.com.Au and their article: “Watch out below! Worleyparsons Limited plunges 11%” published on May 04, 2015 as well as Fool.com.Au‘s news article titled: “Why you should consider WorleyParsons Limited for your portfolio” with publication date: August 12, 2015.
WorleyParsons Limited is a professional services business company. The company has a market cap of $2.27 billion. The principal activities of the Company consist of providing engineering design and project delivery services, including providing maintenance, support services and advisory services to sectors, which include hydrocarbons; minerals, metals and chemicals, and infrastructure. It has a 97.22 P/E ratio. The Company’s divisions include Services, Major Projects, Improve and Advisian.
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