Chiyoda (OTCMKTS:CHYCY) Stock Price Down 17% – Here’s What Happened

Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCYGet Free Report) traded down 17% during mid-day trading on Wednesday . The company traded as low as $5.28 and last traded at $5.28. 100 shares changed hands during trading, a decline of 84% from the average session volume of 645 shares. The stock had previously closed at $6.3650.

Chiyoda Stock Performance

The company has a market cap of $1.37 billion, a price-to-earnings ratio of 8.38 and a beta of -0.10. The stock’s fifty day simple moving average is $6.85 and its two-hundred day simple moving average is $5.82.

Chiyoda Company Profile

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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.

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