Short Interest in Daikin Industries,Ltd. (OTCMKTS:DKILY) Expands By 611.3%

Daikin Industries,Ltd. (OTCMKTS:DKILY) saw a significant growth in short interest in December. As of December 15th, there was short interest totalling 37,700 shares, a growth of 611.3% from the November 30th total of 5,300 shares. Based on an average daily trading volume, of 1,190,000 shares, the short-interest ratio is currently 0.0 days.

Daikin Industries,Ltd. Price Performance

Daikin Industries,Ltd. stock traded up $0.38 during midday trading on Thursday, reaching $11.58. 777,106 shares of the stock traded hands, compared to its average volume of 533,607. The stock has a market cap of $33.94 billion, a P/E ratio of 19.97, a PEG ratio of 2.01 and a beta of 1.00. The stock’s fifty day moving average is $11.98 and its 200-day moving average is $12.84. The company has a quick ratio of 1.07, a current ratio of 1.90 and a debt-to-equity ratio of 0.15. Daikin Industries,Ltd. has a 12 month low of $10.89 and a 12 month high of $17.14.

Daikin Industries,Ltd. (OTCMKTS:DKILY) last posted its earnings results on Wednesday, November 6th. The company reported $0.20 EPS for the quarter. Daikin Industries,Ltd. had a return on equity of 8.64% and a net margin of 5.56%. The firm had revenue of $8.35 billion during the quarter, compared to the consensus estimate of $7.66 billion. As a group, equities research analysts anticipate that Daikin Industries,Ltd. will post 0.58 EPS for the current 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.