Worley (OTCMKTS:WYGPY) Shares Gap Down – What’s Next?
by Doug Wharley · The Cerbat GemShares of Worley Limited Unsponsored ADR (OTCMKTS:WYGPY – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $8.7625, but opened at $8.25. Worley shares last traded at $7.73, with a volume of 324 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group downgraded Worley from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
Get Our Latest Report on Worley
Worley Price Performance
The business has a 50 day simple moving average of $8.34 and a 200 day simple moving average of $8.70.
About Worley
Worley (OTCMKTS:WYGPY) is a global professional services company specializing in engineering, procurement and construction (EPC) solutions for the energy, chemicals and resources sectors. Headquartered in North Sydney, Australia, the firm offers project delivery, consulting and advisory services across the full asset lifecycle, from concept and feasibility through design, execution and operations support. Worley’s client base spans major international oil and gas companies, mining operators, petrochemical producers and utility providers.
The company’s service offerings encompass traditional engineering and project management as well as digital and sustainability-focused solutions.