Chiyoda (OTCMKTS:CHYCY) Shares Gap Up – Still a Buy?

Shares of Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $3.7880, but opened at $4.4450. Chiyoda shares last traded at $4.4450, with a volume of 268 shares trading hands.

Chiyoda Trading Down 6.5%

The company has a 50-day simple moving average of $4.05 and a 200 day simple moving average of $5.43. 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 firm has a market cap of $1.08 billion, a PE ratio of 8.11 and a beta of -0.15.

Chiyoda (OTCMKTS:CHYCY – Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $0.28 earnings per share (EPS) for the quarter.

About Chiyoda

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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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