Worley (OTCMKTS:WYGPY) Shares Gap Down – What’s Next?

Worley Limited Unsponsored ADR (OTCMKTS:WYGPYGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $9.15, but opened at $8.37. Worley shares last traded at $8.37, with a volume of 6,831 shares trading hands.

Analysts Set New Price Targets

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 research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Worley currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Analysis on Worley

Worley Price Performance

The firm’s 50 day simple moving average is $8.72 and its 200-day simple moving average is $8.61.

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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