Daikin Industries (OTCMKTS:DKILY) Shares Gap Up – Should You Buy?

Daikin Industries (OTCMKTS:DKILY)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $12.75, but opened at $13.35. Daikin Industries shares last traded at $13.1650, with a volume of 57,607 shares changing hands.

Daikin Industries Stock Performance

The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.23 and a current ratio of 1.95. The firm has a market cap of $38.70 billion, a P/E ratio of 21.30, a P/E/G ratio of 2.66 and a beta of 0.88. The company’s 50 day moving average is $12.50 and its 200 day moving average is $12.41.

Daikin Industries (OTCMKTS:DKILY) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.03). Daikin Industries had a return on equity of 9.00% and a net margin of 5.69%.The company had revenue of $7.63 billion for the quarter, compared to analyst estimates of $1,153.92 billion. As a group, equities analysts predict that Daikin Industries will post 0.56 earnings per share for the current fiscal year.

Daikin Industries Company Profile

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.