Daikin Industries,Ltd. (OTCMKTS:DKILY) Hits New 52-Week Low – What’s Next?

Daikin Industries,Ltd. (OTCMKTS:DKILY) reached a new 52-week low during trading on Friday . The company traded as low as $10.65 and last traded at $10.66, with a volume of 800759 shares trading hands. The stock had previously closed at $11.04.

Daikin Industries,Ltd. Price Performance

The company has a quick ratio of 1.23, a current ratio of 1.90 and a debt-to-equity ratio of 0.15. The business’s 50 day moving average is $11.78 and its two-hundred day moving average is $12.31. The firm has a market cap of $31.25 billion, a P/E ratio of 18.38, a P/E/G ratio of 1.95 and a beta of 1.00.

Daikin Industries,Ltd. (OTCMKTS:DKILY) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.08 earnings per share for the quarter. Daikin Industries,Ltd. had a net margin of 5.56% and a return on equity of 8.64%. As a group, analysts anticipate that Daikin Industries,Ltd. will post 0.58 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.