Daikin Industries,Ltd. (OTCMKTS:DKILY) Short Interest Up 2,306.4% in September

by · The Markets Daily

Daikin Industries,Ltd. (OTCMKTS:DKILY – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 226,200 shares, an increase of 2,306.4% from the August 31st total of 9,400 shares. Based on an average daily volume of 1,758,400 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered shares of Daikin Industries,Ltd. from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 15th.

Check Out Our Latest Report on Daikin Industries,Ltd.

Daikin Industries,Ltd. Trading Up 3.5 %

OTCMKTS DKILY opened at $13.52 on Friday. The firm’s 50 day moving average price is $12.70 and its two-hundred day moving average price is $13.64. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.07 and a current ratio of 1.68. Daikin Industries,Ltd. has a twelve month low of $11.16 and a twelve month high of $17.14. The stock has a market cap of $39.63 billion, a price-to-earnings ratio of 22.16, a PEG ratio of 2.00 and a beta of 1.00.

Daikin Industries,Ltd. (OTCMKTS:DKILY – Get Free Report) last issued its quarterly earnings results on Tuesday, August 6th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $8.02 billion for the quarter, compared to the consensus estimate of $7.82 billion. Daikin Industries,Ltd. had a return on equity of 8.12% and a net margin of 5.35%. Equities analysts anticipate that Daikin Industries,Ltd. will post 0.61 EPS for the current year.

Daikin Industries,Ltd. Company Profile

(Get Free Report)

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.

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