Daikin Industries,Ltd. (OTCMKTS:DKILY) Short Interest Update

Daikin Industries,Ltd. (OTCMKTS:DKILY) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totalling 102,800 shares, a decline of 54.8% from the May 31st total of 227,200 shares. Based on an average daily volume of 520,700 shares, the short-interest ratio is presently 0.2 days.

Daikin Industries,Ltd. Stock Performance

Shares of Daikin Industries,Ltd. stock traded up $0.02 on Friday, hitting $13.92. The stock had a trading volume of 340,589 shares, compared to its average volume of 441,372. The company’s 50 day moving average price is $14.59 and its 200 day moving average price is $14.67. The stock has a market cap of $40.80 billion, a price-to-earnings ratio of 22.82, a P/E/G ratio of 3.53 and a beta of 1.02. The company has a current ratio of 1.65, a quick ratio of 0.98 and a debt-to-equity ratio of 0.11. Daikin Industries,Ltd. has a 52-week low of $12.35 and a 52-week high of $21.66.

Daikin Industries,Ltd. (OTCMKTS:DKILY) last issued its quarterly earnings data on Thursday, May 9th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.02). The firm had revenue of $7.62 billion during the quarter. Daikin Industries,Ltd. had a net margin of 5.95% and a return on equity of 9.09%. On average, research analysts anticipate that Daikin Industries,Ltd. will post 0.58 EPS for the current 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.