Short Interest in Daikin Industries,Ltd. (OTCMKTS:DKILY) Expands By 594.8%

Daikin Industries,Ltd. (OTCMKTS:DKILYGet Free Report) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 173,700 shares, an increase of 594.8% from the March 15th total of 25,000 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,264,200 shares, the days-to-cover ratio is currently 0.1 days.

Daikin Industries,Ltd. Price Performance

Shares of DKILY stock opened at $11.18 on Tuesday. The stock has a market cap of $32.77 billion, a PE ratio of 19.61, a PEG ratio of 2.03 and a beta of 1.03. Daikin Industries,Ltd. has a 52-week low of $9.90 and a 52-week high of $16.32. The firm’s 50 day moving average price is $10.94 and its two-hundred day moving average price is $11.71. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.23 and a current ratio of 1.90.

Daikin Industries,Ltd. (OTCMKTS:DKILYGet Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.08 earnings per share (EPS) for the quarter. Daikin Industries,Ltd. had a return on equity of 8.15% and a net margin of 5.37%. As a group, analysts forecast that Daikin Industries,Ltd. will post 0.56 EPS for the current year.

About Daikin Industries,Ltd.

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Daikin Industries,Ltd. manufactures, distributes, and sells air-conditioning and refrigeration equipment, and chemical products in Japan, the Americas, China, Asia, Europe, Europe, and internationally. The company’s air-conditioning and refrigeration equipment products include room air-conditioning systems; air purifiers; heat-pump hot-water supply and room-heating systems; packaged air-conditioning systems; multiple air-conditioning systems for office buildings; air-conditioning systems for facilities and plants; heat reclaim ventilators; freezers; water chillers; turbo refrigerator equipment; air-handling units; air filters; industrial dust collectors; marine-type container refrigeration; and refrigerating and freezing showcases.

Further Reading

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