Chiyoda (OTCMKTS:CHYCY) Shares Gap Up – Should You Buy?

Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $3.7071, but opened at $4.0240. Chiyoda shares last traded at $4.0240, with a volume of 422 shares traded.

Chiyoda Price Performance

The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average of $4.07 and a 200 day moving average of $4.65. The firm has a market cap of $943.70 million, a price-to-earnings ratio of 7.11 and a beta of -0.24.

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

Chiyoda Company Profile

(Get Free Report)

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.

Further Reading

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