Daikin Industries (OTCMKTS:DKILY) Sees Significant Decline in Short Interest

Daikin Industries (OTCMKTS:DKILY) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 66,637 shares, a decline of 27.3% from the February 12th total of 91,700 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 410,942 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 410,942 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Daikin Industries Stock Down 1.9%

DKILY opened at $11.85 on Friday. Daikin Industries has a twelve month low of $9.90 and a twelve month high of $14.03. The company’s 50-day moving average price is $12.40 and its two-hundred day moving average price is $12.31. The stock has a market cap of $34.73 billion, a price-to-earnings ratio of 19.11, a PEG ratio of 2.47 and a beta of 0.88. 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 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). The company had revenue of $7.63 billion for the quarter, compared to analysts’ expectations of $1,153.92 billion. Daikin Industries had a return on equity of 9.00% and a net margin of 5.69%. As a group, equities analysts expect that Daikin Industries will post 0.56 earnings per share for the current 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.