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

Worley Limited Unsponsored ADR (OTCMKTS:WYGPYGet Free Report) shares dropped 12.2% on Monday . The stock traded as low as $8.40 and last traded at $8.40. Approximately 407 shares were traded 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.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group downgraded Worley from a “strong-buy” rating to a “hold” rating in a research note 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. Based on data from MarketBeat.com, Worley has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Report on WYGPY

Worley Stock Down 5.2%

The company’s 50 day moving average price is $8.85 and its 200-day moving average price is $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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