Worley (OTCMKTS:WYGPY) Shares Gap Up – Here’s Why

Shares of Worley Limited Unsponsored ADR (OTCMKTS:WYGPY) gapped up prior to trading on Monday . The stock had previously closed at $8.0887, but opened at $8.7625. Worley shares last traded at $8.7625, with a volume of 1,028 shares.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group lowered Worley from a “strong-buy” rating to a “hold” rating in a research note 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. According to MarketBeat.com, Worley presently has a consensus rating of “Moderate Buy”.

Worley Price Performance

The firm has a 50-day moving average price of $8.37 and a 200-day moving average price of $8.71.

Worley Company Profile

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.