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

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

Daikin Industries,Ltd. Stock Performance

Daikin Industries,Ltd. stock traded up $0.19 during mid-day trading on Monday, reaching $11.18. The company’s stock had a trading volume of 624,830 shares, compared to its average volume of 681,658. The firm’s fifty day moving average price is $10.94 and its two-hundred day moving average price is $11.73. 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. has a 12-month low of $9.90 and a 12-month high of $16.32. The company has a market capitalization of $32.77 billion, a P/E ratio of 19.61, a PEG ratio of 2.03 and a beta of 1.03.

Daikin Industries,Ltd. (OTCMKTS:DKILY) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.08 EPS for the quarter. Daikin Industries,Ltd. had a net margin of 5.37% and a return on equity of 8.15%. Sell-side analysts predict that Daikin Industries,Ltd. will post 0.56 EPS for the current fiscal year.

Daikin Industries,Ltd. Company Profile

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.