Chiyoda (OTCMKTS:CHYCY) Stock Jumps 7.1% – What’s Next?

Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY)’s share price shot up 7.1% during mid-day trading on Monday. The stock traded as high as $4.00 and last traded at $3.90. 3,138 shares changed hands during mid-day trading, an increase of 150% from the average session volume of 1,253 shares. The stock had previously closed at $3.6403.

Chiyoda Stock Performance

The business has a 50-day moving average price of $4.06 and a 200-day moving average price of $4.63. 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 market capitalization of $1.02 billion, a price-to-earnings ratio of 7.65 and a beta of -0.24.

Chiyoda (OTCMKTS:CHYCY) last posted its quarterly earnings results on Monday, August 3rd. The company reported $0.02 EPS for the quarter. The business had revenue of $544.44 million during the quarter.

About Chiyoda

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.