Chiyoda (OTCMKTS:CHYCY) Shares Gap Down – Should You Sell?

Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY – Get Free Report) gapped down prior to trading on Wednesday. The stock had previously closed at $3.6403, but opened at $3.40. Chiyoda shares last traded at $3.36, with a volume of 312 shares trading hands.

Chiyoda Stock Performance

The stock’s 50-day moving average is $4.05 and its 200-day moving average is $5.49. The stock has a market cap of $993.50 million, a price-to-earnings ratio of 7.48 and a beta of -0.24. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.02.

Chiyoda (OTCMKTS:CHYCY – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported $0.02 earnings per share for the quarter. The business had revenue of $544.44 million for the quarter.

About Chiyoda

(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.

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