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

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

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group downgraded 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 company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

View Our Latest Analysis on Worley

Worley Price Performance

The stock has a 50-day moving average of $8.83 and a 200 day moving average of $8.64.

Worley Company Profile

(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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