Chiyoda (OTCMKTS:CHYCY) Stock Jumps 5.2% – Here’s What Happened

Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY) shares shot up 5.2% during mid-day trading on Thursday. The company traded as high as $4.3114 and last traded at $4.3114. Approximately 699 shares were traded during mid-day trading, an increase of 39,843% from the average session volume of 2 shares. The stock had previously closed at $4.10.

Chiyoda Stock Performance

The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of $1.08 billion, a PE ratio of 8.15 and a beta of -0.24. The business’s 50 day moving average is $4.09 and its 200 day moving average is $4.83.

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

About Chiyoda

Chiyoda Corporation is a Japan-based engineering, procurement and construction (EPC) company that provides project development and technical services for energy and infrastructure projects. The company is best known for its work in liquefied natural gas (LNG), oil and gas, petrochemicals, and related processing facilities.

Its services generally span feasibility studies, engineering and design, procurement, construction management, commissioning, and project support. Chiyoda also works on energy-transition and environmental initiatives, including hydrogen, renewable energy, carbon capture and storage, and other technologies intended to reduce industrial emissions.

Founded in 1948 and headquartered in Yokohama, Japan, Chiyoda has carried out projects for customers in Japan and international markets.