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

Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $7.11, but opened at $7.59. Chiyoda shares last traded at $7.59, with a volume of 100 shares.

Chiyoda Price Performance

The company’s fifty day simple moving average is $7.37 and its 200-day simple moving average is $4.22. The stock has a market cap of $2.00 billion, a P/E ratio of 12.22 and a beta of -0.43. The company has a current ratio of 1.33, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20.

Chiyoda (OTCMKTS:CHYCY) last issued its earnings results on Friday, February 6th. The company reported $0.38 earnings per share for the quarter. Chiyoda had a net margin of 16.68% and a return on equity of 156.91%. The business had revenue of $1.26 billion for the quarter.

About Chiyoda

Chiyoda Corporation (OTCMKTS: CHYCY) is a Japan-based engineering firm specializing in the design, procurement, construction and commissioning of energy- and infrastructure-related plants. The company’s core business activities span upstream, midstream and downstream projects, with a particular focus on liquefied natural gas (LNG) facilities, gas processing plants, petrochemical complexes and refining units. Chiyoda provides turnkey engineering, procurement and construction (EPC) services, as well as operation support, maintenance and optimization solutions for industrial clients worldwide.

Founded in 1948 and headquartered in Yokohama, Chiyoda has built a reputation for delivering large-scale, technically complex projects under challenging environmental and regulatory conditions.