Chiyoda (OTCMKTS:CHYCY) Stock Falls 12.2% – Should You Sell?

Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY)’s stock price fell 12.2% during trading on Thursday. The company traded as low as $3.39 and last traded at $3.81. 2,213 shares were traded during mid-day trading, an increase of 75% from the average daily volume of 1,267 shares. The stock had previously closed at $4.34.

Chiyoda Stock Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market capitalization of $993.48 million, a price-to-earnings ratio of 7.48 and a beta of -0.24. The business has a 50-day moving average of $4.05 and a 200-day moving average of $5.47.

Chiyoda (OTCMKTS:CHYCY) last announced its quarterly earnings data on Monday, August 3rd. The company reported $0.02 earnings per share (EPS) for the quarter. The firm 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.