Chiyoda (OTCMKTS:CHYCY) Sees Strong Trading Volume – Here’s Why

Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY) shares saw an uptick in trading volume on Tuesday . 1,441 shares changed hands during trading, an increase of 220% from the previous session’s volume of 450 shares.The stock last traded at $6.92 and had previously closed at $6.66.

Chiyoda Stock Up 3.9%

The firm’s fifty day moving average is $7.77 and its two-hundred day moving average is $4.53. The firm has a market cap of $1.80 billion, a price-to-earnings ratio of 10.98 and a beta of -0.43. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.33 and a quick ratio of 1.09.

Chiyoda (OTCMKTS:CHYCY) last released its earnings results on Friday, February 6th. The company reported $0.38 EPS 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.

About Chiyoda

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.