Daikin Industries (OTCMKTS:DKILY) Short Interest Update

Daikin Industries (OTCMKTS:DKILY) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 171,178 shares, a drop of 35.6% from the April 15th total of 265,880 shares. Based on an average daily volume of 787,741 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Daikin Industries Price Performance

Shares of OTCMKTS:DKILY opened at $16.00 on Monday. The business’s 50 day moving average is $13.19 and its 200 day moving average is $12.75. Daikin Industries has a 12-month low of $10.66 and a 12-month high of $16.43. The stock has a market cap of $46.90 billion, a price-to-earnings ratio of 25.81, a PEG ratio of 1.76 and a beta of 0.96. The company has a quick ratio of 1.23, a current ratio of 1.95 and a debt-to-equity ratio of 0.14.

Daikin Industries (OTCMKTS:DKILY) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. The business had revenue of $8.56 billion for the quarter, compared to analysts’ expectations of $7.82 billion. Daikin Industries had a return on equity of 9.10% and a net margin of 5.51%. On average, sell-side analysts forecast that Daikin Industries will post 0.65 earnings per share for the current fiscal year.

About Daikin Industries

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.