Daikin Industries,Ltd. (OTCMKTS:DKILY) Hits New 1-Year Low – Here’s Why

Shares of Daikin Industries,Ltd. (OTCMKTS:DKILY) hit a new 52-week low on Wednesday . The stock traded as low as $10.31 and last traded at $10.54, with a volume of 1457069 shares. The stock had previously closed at $10.72.

Daikin Industries,Ltd. Stock Performance

The company has a current ratio of 1.90, a quick ratio of 1.23 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $30.89 billion, a price-to-earnings ratio of 21.02, a price-to-earnings-growth ratio of 2.07 and a beta of 1.00. The firm has a 50-day simple moving average of $11.54 and a two-hundred day simple moving average of $12.09.

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 return on equity of 8.15% and a net margin of 5.37%. As a group, sell-side analysts forecast that Daikin Industries,Ltd. will post 0.56 earnings per share for the current fiscal year.

About Daikin Industries,Ltd.

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.