Worley (OTCMKTS:WYGPY) Trading Down 12.2% – Here’s Why

Worley Limited Unsponsored ADR (OTCMKTS:WYGPYGet Free Report) traded down 12.2% on Monday . The company traded as low as $8.40 and last traded at $8.40. Approximately 407 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 2,280 shares. The stock had previously closed at $9.57.

Analysts Set New Price Targets

Separately, Jefferies Financial Group cut 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 given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Check Out Our Latest Report on Worley

Worley Trading Down 5.2%

The business’s 50-day simple moving average is $8.85 and its two-hundred day simple moving average is $8.64.

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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