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

Worley Limited Unsponsored ADR (OTCMKTS:WYGPYGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $9.5525, but opened at $8.91. Worley shares last traded at $8.91, with a volume of 255 shares.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group downgraded Worley from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. One equities research 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 has an average rating of “Moderate Buy”.

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Worley Price Performance

The business’s fifty day moving average price is $8.83 and its 200 day moving average price is $8.64.

Worley Company Profile

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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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