Short Interest in Daikin Industries,Ltd. (OTCMKTS:DKILY) Decreases By 36.6%

Daikin Industries,Ltd. (OTCMKTS:DKILY) saw a significant decrease in short interest in March. As of March 15th, there was short interest totalling 16,100 shares, a decrease of 36.6% from the February 29th total of 25,400 shares. Based on an average daily trading volume, of 829,500 shares, the short-interest ratio is presently 0.0 days.

Daikin Industries,Ltd. Price Performance

OTCMKTS DKILY traded down $0.03 on Friday, reaching $13.62. The company had a trading volume of 483,512 shares, compared to its average volume of 416,223. Daikin Industries,Ltd. has a fifty-two week low of $13.20 and a fifty-two week high of $21.66. The business has a 50 day moving average of $14.57 and a two-hundred day moving average of $15.22. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.98 and a current ratio of 1.65.

Daikin Industries,Ltd. (OTCMKTS:DKILY) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.06). Daikin Industries,Ltd. had a return on equity of 9.76% and a net margin of 5.71%. The business had revenue of $7.03 billion for the quarter. On average, sell-side analysts anticipate that Daikin Industries,Ltd. will post 0.56 earnings per share 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.