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

Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY – Get Free Report)’s share price gapped down before the market opened on Friday. The stock had previously closed at $4.15, but opened at $4.00. Chiyoda shares last traded at $4.00, with a volume of 1,000 shares.

Chiyoda Price Performance

The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.02. The stock has a market cap of $1.04 billion, a PE ratio of 7.84 and a beta of -0.24. The business has a fifty day simple moving average of $4.09 and a two-hundred day simple moving average of $4.73.

Chiyoda (OTCMKTS:CHYCY – Get Free Report) last released its earnings results on Monday, August 3rd. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $544.44 million for the quarter.

About Chiyoda

(Get Free Report)

Chiyoda Corporation is a Japan-based engineering, procurement and construction (EPC) company that provides project development and technical services for energy and infrastructure projects. The company is best known for its work in liquefied natural gas (LNG), oil and gas, petrochemicals, and related processing facilities.

Its services generally span feasibility studies, engineering and design, procurement, construction management, commissioning, and project support. Chiyoda also works on energy-transition and environmental initiatives, including hydrogen, renewable energy, carbon capture and storage, and other technologies intended to reduce industrial emissions.

Founded in 1948 and headquartered in Yokohama, Japan, Chiyoda has carried out projects for customers in Japan and international markets.

Further Reading

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