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

Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY) shares gapped down before the market opened on Monday . The stock had previously closed at $6.27, but opened at $4.64. Chiyoda shares last traded at $4.58, with a volume of 200 shares.

Chiyoda Stock Performance

The firm has a fifty day simple moving average of $7.14 and a 200 day simple moving average of $5.76. The company has a market capitalization of $1.17 billion, a PE ratio of 7.14 and a beta of -0.10.

Chiyoda (OTCMKTS:CHYCY) last issued its earnings results on Friday, February 6th. The company reported $0.38 earnings per share (EPS) for the quarter. Chiyoda had a net margin of 16.68% and a return on equity of 156.91%. The company 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.