Chiyoda (OTCMKTS:CHYCY) Sees Strong Trading Volume - Still a Buy?

Key Points

• Shares traded about 500 on Friday and last traded at $7.81, up from the prior close of $6.25; the 50-day and 200-day moving averages are $7.85 and $5.10, respectively.
• Chiyoda reported quarterly EPS of $0.38 on $1.26 billion in revenue, with a market cap of $2.03 billion, a P/E of 12.40, a net margin of 16.68% and an exceptionally high ROE of 156.91%.
• Chiyoda is a Japan-based engineering and EPC firm specializing in LNG, gas processing, petrochemical and refining projects worldwide.

Shares of Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 500 shares were traded during trading, a decline of 23% from the previous session's volume of 646 shares.The stock last traded at $7.81 and had previously closed at $6.25.

Chiyoda Price Performance

The company has a market cap of $2.03 billion, a P/E ratio of 12.40 and a beta of -0.21. The stock's 50-day moving average is $7.85 and its two-hundred day moving average is $5.10.

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

Chiyoda Company Profile

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.

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