Worley (OTCMKTS:WYGPY) Shares Gap Down – Should You Sell?

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) shares gapped down before the market opened on Monday . The stock had previously closed at $8.6575, but opened at $8.27. Worley shares last traded at $8.27, with a volume of 168 shares.

Wall Street Analyst Weigh In

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

Worley Stock Performance

The stock has a fifty day simple moving average of $8.05 and a 200-day simple moving average of $8.60.

About Worley

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.