Chiyoda (OTCMKTS:CHYCY) Sees Large Volume Increase – Here’s What Happened

Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY – Get Free Report) shares saw unusually-strong trading volume on Monday. 2,312 shares were traded during mid-day trading, an increase of 244% from the previous session’s volume of 673 shares. The stock last traded at $4.0350 and had previously closed at $4.3114.

Chiyoda Stock Performance

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 50 day moving average price of $4.09 and a 200-day moving average price of $4.82. The stock has a market capitalization of $1.05 billion, a PE ratio of 7.91 and a beta of -0.24.

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

About Chiyoda

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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.

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