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Worley (OTCMKTS:WYGPY) Shares Gap Up - Here's Why

Worley logo with Business Services background
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Key Points

  • Shares gapped up: Worley opened at $8.7625 on Monday versus a prior close of $8.0887 (volume 1,028 shares), trading slightly above its 50‑day ($8.37) and 200‑day ($8.71) moving averages.
  • Analyst downgrade: Jefferies cut Worley from "strong‑buy" to "hold"; the stock has one Buy and one Hold, giving a consensus rating of "Moderate Buy."
  • Company profile: Worley is a global EPC professional services firm serving energy, chemicals and resources clients with project delivery, consulting, digital and sustainability solutions.
  • Five stocks we like better than Worley.

Shares of Worley Limited Unsponsored ADR (OTCMKTS:WYGPY - Get Free Report) 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".

Check Out Our Latest Analysis on WYGPY

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

(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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