Chiyoda (OTCMKTS:CHYCY) Shares Gap Up – What’s Next?
by Jessica Moore · The Cerbat GemShares of Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $6.9850, but opened at $7.39. Chiyoda shares last traded at $7.39, with a volume of 100 shares trading hands.
Chiyoda Stock Performance
The stock’s fifty day moving average is $7.85 and its two-hundred day moving average is $5.26. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of 11.73 and a beta of -0.21.
Chiyoda (OTCMKTS:CHYCY – Get Free Report) last released its quarterly earnings results on Friday, February 6th. The company reported $0.38 earnings per share for the quarter. The business had revenue of $1.26 billion during the quarter. Chiyoda had a net margin of 16.68% and a return on equity of 156.91%.
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.