Worley (OTCMKTS:WYGPY) Shares Gap Down – Time to Sell?
by Teresa Graham · The Cerbat GemWorley Limited Unsponsored ADR (OTCMKTS:WYGPY – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $8.6575, but opened at $8.27. Worley shares last traded at $8.27, with a volume of 168 shares traded.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group downgraded shares of Worley from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. One analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on Worley
Worley Price Performance
The firm has a 50-day simple moving average of $8.10 and a two-hundred day simple moving average of $8.61.
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.