Daikin Industries (OTCMKTS:DKILY) Short Interest Down 97.2% in December

by · The Cerbat Gem

Daikin Industries (OTCMKTS:DKILY – Get Free Report) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 6,131 shares, a drop of 97.2% from the November 30th total of 222,841 shares. Based on an average daily volume of 366,392 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 366,392 shares, the days-to-cover ratio is currently 0.0 days.

Daikin Industries Stock Down 0.5%

OTCMKTS:DKILY opened at $12.91 on Thursday. The stock has a 50-day simple moving average of $12.45 and a 200 day simple moving average of $12.28. Daikin Industries has a 52-week low of $9.90 and a 52-week high of $14.03. The company has a market cap of $37.84 billion, a PE ratio of 20.82, a PEG ratio of 2.30 and a beta of 0.88. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.24 and a current ratio of 1.98.

Daikin Industries (OTCMKTS:DKILY – Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.19 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.19. The firm had revenue of $8.25 billion during the quarter, compared to the consensus estimate of $1,253.56 billion. Daikin Industries had a return on equity of 9.16% and a net margin of 5.80%. On average, sell-side analysts expect that Daikin Industries will post 0.56 EPS for the current fiscal year.

Daikin Industries Company Profile

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Daikin Industries is a Japanese multinational manufacturer best known for its heating, ventilation and air conditioning (HVAC) systems and related products. Headquartered in Osaka, the company designs, manufactures and sells a broad range of climate-control equipment for residential, commercial and industrial applications. Its portfolio spans wall‑mounted and packaged air conditioners, rooftop units, chillers, heat pumps, compressors, air purifiers and controls, as well as associated spare parts and aftermarket services.

In addition to finished HVAC systems, Daikin produces refrigerants and fluorochemical products used across the cooling industry, and it develops compressors and heat-exchange technologies that underpin its product lines.

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