Chiyoda (OTCMKTS:CHYCY) Stock Falls 12.2% – Here’s What Happened

Shares of Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY) dropped 12.2% during mid-day trading on Thursday. The company traded as low as $3.39 and last traded at $3.81. 2,213 shares changed hands during trading, an increase of 75% from the average daily volume of 1,267 shares. The stock had previously closed at $4.34.

Chiyoda Trading Down 12.1%

The stock has a fifty day moving average of $4.06 and a 200-day moving average of $5.50. The company has a market cap of $993.48 million, a PE ratio of 7.48 and a beta of -0.24. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.14 and a current ratio of 1.14.

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

About Chiyoda

Chiyoda Corporation is a Japan-based engineering and construction company that provides engineering, procurement and construction (EPC) services for energy, chemical and industrial facilities. Its work includes the development of liquefied natural gas (LNG) plants, oil and gas facilities, petrochemical complexes, hydrogen and other energy-related projects, as well as environmental and infrastructure systems.

Founded in 1948, Chiyoda has built experience in managing large, technically complex projects from planning and design through procurement, construction and commissioning.