Daikin Industries,Ltd. (OTCMKTS:DKILY) Sees Large Increase in Short Interest

by · The Cerbat Gem

Daikin Industries,Ltd. (OTCMKTS:DKILY – Get Free Report) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 37,700 shares, an increase of 611.3% from the November 30th total of 5,300 shares. Based on an average trading volume of 1,190,000 shares, the short-interest ratio is presently 0.0 days.

Daikin Industries,Ltd. Stock Up 0.8 %

DKILY traded up $0.09 during midday trading on Friday, hitting $11.67. 700,873 shares of the company’s stock traded hands, compared to its average volume of 534,276. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.90 and a quick ratio of 1.07. The company has a market cap of $34.21 billion, a PE ratio of 20.12, a price-to-earnings-growth ratio of 2.01 and a beta of 1.00. Daikin Industries,Ltd. has a one year low of $10.89 and a one year high of $17.14. The stock’s fifty day simple moving average is $11.94 and its 200-day simple moving average is $12.82.

Daikin Industries,Ltd. (OTCMKTS:DKILY – Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported $0.20 earnings per share for the quarter. The company had revenue of $8.35 billion for the quarter, compared to analyst estimates of $7.66 billion. Daikin Industries,Ltd. had a return on equity of 8.64% and a net margin of 5.56%. As a group, equities analysts anticipate that Daikin Industries,Ltd. will post 0.58 earnings per share for the current fiscal year.

About Daikin Industries,Ltd.

(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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