Worley (OTCMKTS:WYGPY) Shares Gap Down – Here’s Why

Worley Limited Unsponsored ADR (OTCMKTS:WYGPYGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $9.62, but opened at $9.1250. Worley shares last traded at $9.1250, with a volume of 2,136 shares.

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 report on Thursday, February 26th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Worley currently has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Report on WYGPY

Worley Price Performance

The company has a 50 day moving average of $8.56 and a 200 day moving average of $8.59.

About Worley

(Get Free Report)

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.

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