Worley (OTCMKTS:WYGPY) Shares Gap Up – Time to Buy?
by Renee Jackson · The Cerbat GemWorley Limited Unsponsored ADR (OTCMKTS:WYGPY – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $8.31, but opened at $8.65. Worley shares last traded at $8.65, with a volume of 316 shares trading hands.
Analyst Ratings Changes
Separately, Jefferies Financial Group cut shares of Worley from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Worley currently has a consensus rating of “Moderate Buy”.
View Our Latest Analysis on WYGPY
Worley Stock Performance
The company’s 50-day moving average price is $8.16 and its two-hundred day moving average price is $8.59.
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.