Worley (OTCMKTS:WYGPY) Stock Price Down 6.4% – Here’s Why

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY)’s share price was down 6.4% during trading on Monday . The stock traded as low as $8.05 and last traded at $8.05. Approximately 1,166 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 2,759 shares. The stock had previously closed at $8.60.

Analyst Ratings Changes

Separately, Jefferies Financial Group lowered shares of Worley from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Worley Stock Performance

The business’s 50 day moving average price is $8.26 and its 200 day moving average price is $8.66.

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.