Worley (OTCMKTS:WYGPY) Shares Gap Up – Still a Buy?

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $8.78, but opened at $9.62. Worley shares last traded at $9.62, with a volume of 329 shares changing hands.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut shares of Worley from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 26th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Worley has a consensus rating of “Moderate Buy”.

Worley Stock Performance

The company’s 50 day moving average is $8.46 and its 200 day moving average is $8.59.

Worley Company Profile

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.