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

Key Points

• Worley Limited's share price gapped down, opening at $9.45 after closing at $9.69, with a recent trading volume of only 101 shares.
• The Royal Bank of Canada upgraded Worley from a "hold" to a "moderate buy" rating, while the consensus rating remains "Buy."
• Worley declared a dividend of $0.1295 per share, with a significant yield of 267.0%, to be paid on October 16th to shareholders of record on September 9th.

Worley Limited Unsponsored ADR (OTCMKTS:WYGPY - Get Free Report)'s share price gapped down prior to trading on Thursday . The stock had previously closed at $9.69, but opened at $9.45. Worley shares last traded at $9.45, with a volume of 101 shares changing hands.

Analyst Ratings Changes

Separately, Royal Bank Of Canada raised shares of Worley from a "hold" rating to a "moderate buy" rating in a report on Tuesday, September 2nd. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Worley currently has a consensus rating of "Buy".

Worley Stock Down 6.9%

The business's 50 day simple moving average is $8.73 and its 200-day simple moving average is $8.46.

Worley Announces Dividend

The company also recently declared a dividend, which will be paid on Thursday, October 16th. Stockholders of record on Tuesday, September 9th will be given a dividend of $0.1295 per share. This represents a dividend yield of 267.0%. The ex-dividend date of this dividend is Monday, September 8th.

Worley Company Profile

Worley Limited provides professional project and asset services to energy, chemicals, and resources sectors worldwide. The company offers digital, consulting, engineering and design, construction management, construction and fabrication, supply chain management, project management, and operation and maintenance services, as well as maintenance, modification, and operation services.

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