The market is still treating this as a pure oil play stock. Oil just reached a new high since coronavirus sell off, causing today's bounce.
There's risk if non oil services have been reduced due to current economic conditions, though I think that's already reflected in the share price.
When the general economy rebounds, leading to increased demand in oil and capital expenditure by oil companies and other fields to utilize Worley services, should lead to a decent upswing.
The market is still treating this as a pure oil play stock. Oil...
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Last
$14.54 |
Change
-0.040(0.27%) |
Mkt cap ! $7.691B | |||
| Open | High | Low | Value | Volume |
| $14.55 | $14.66 | $14.50 | $4.122M | 282.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 3362 | $14.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.55 | 2311 | 19 |
View Market Depth
| Last trade - 12.29pm 18/09/2024 (20 minute delay) ? |
| WOR (ASX) Chart |