Chiyoda (OTCMKTS:CHYCY) Shares Gap Down - Here's Why

Key Points

• Chiyoda gapped down 7.1% — shares opened at $6.9850 versus the prior close of $7.52, with only about 1,000 shares trading on the gap down.
• Recent results and metrics: the company reported Q earnings of $0.38 per share on $1.26 billion in revenue, with a $1.82 billion market cap, P/E of 11.09, ROE 156.91% and net margin 16.68%.
• Chiyoda is a Yokohama-based engineering and EPC firm focused on energy and infrastructure projects, especially LNG facilities, gas processing, petrochemical and refining plants.

Chiyoda Corp. Unsponsored ADR (OTCMKTS:CHYCY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $7.52, but opened at $6.9850. Chiyoda shares last traded at $6.9850, with a volume of 1,000 shares changing hands.

Chiyoda Trading Down 7.1%

The company has a market capitalization of $1.82 billion, a PE ratio of 11.09 and a beta of -0.21. The stock has a fifty day moving average of $7.86 and a two-hundred day moving average of $5.18.

Chiyoda (OTCMKTS:CHYCY - Get Free Report) last announced 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 return on equity of 156.91% and a net margin of 16.68%.

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.

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