Daikin Industries (OTCMKTS:DKILY) Short Interest Update

Daikin Industries (OTCMKTS:DKILY) was the target of a large drop in short interest in the month of 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 presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Daikin Industries Stock Performance

DKILY opened at $16.00 on Monday. Daikin Industries has a 1-year low of $10.66 and a 1-year high of $16.43. The company 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’s fifty day moving average price is $13.19 and its two-hundred day moving average price is $12.75. The company has a current ratio of 1.95, a quick ratio of 1.23 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. Daikin Industries had a net margin of 5.51% and a return on equity of 9.10%. The firm had revenue of $8.56 billion during the quarter, compared to analysts’ expectations of $7.82 billion. On average, analysts expect that Daikin Industries will post 0.65 EPS 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.