Chiyoda (OTCMKTS:CHYCY) Shares Gap Down – Here’s What Happened

Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY) gapped down before the market opened on Friday . The stock had previously closed at $6.9690, but opened at $6.66. Chiyoda shares last traded at $6.66, with a volume of 100 shares.

Chiyoda Price Performance

The stock’s fifty day moving average price is $7.71 and its 200-day moving average price is $4.43. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.33 and a quick ratio of 1.09. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 10.57 and a beta of -0.43.

Chiyoda (OTCMKTS:CHYCY) last posted its quarterly earnings data on Friday, February 6th. The company reported $0.38 earnings per share for the quarter. Chiyoda had a net margin of 16.68% and a return on equity of 156.91%. The firm had revenue of $1.26 billion for the quarter.

Chiyoda Company Profile

Chiyoda Corporation (OTCMKTS: CHYCY) is a Japan-based engineering firm specializing in the design, procurement, construction and commissioning of energy- and infrastructure-related plants. The company’s core business activities span upstream, midstream and downstream projects, with a particular focus on liquefied natural gas (LNG) facilities, gas processing plants, petrochemical complexes and refining units. Chiyoda provides turnkey engineering, procurement and construction (EPC) services, as well as operation support, maintenance and optimization solutions for industrial clients worldwide.

Founded in 1948 and headquartered in Yokohama, Chiyoda has built a reputation for delivering large-scale, technically complex projects under challenging environmental and regulatory conditions.