Daikin Industries,Ltd. (OTCMKTS:DKILY) Short Interest Up 611.3% in December

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

Daikin Industries,Ltd. Price Performance

Daikin Industries,Ltd. stock traded up $0.09 during midday trading on Friday, hitting $11.67. The company’s stock had a trading volume of 700,873 shares, compared to its average volume of 534,276. Daikin Industries,Ltd. has a 12 month low of $10.89 and a 12 month high of $17.14. The company has a quick ratio of 1.07, a current ratio of 1.90 and a debt-to-equity ratio of 0.15. The stock’s 50-day moving average price is $11.94 and its 200-day moving average price is $12.82. The company has a market capitalization of $34.21 billion, a PE ratio of 20.12, a price-to-earnings-growth ratio of 2.01 and a beta of 1.00.

Daikin Industries,Ltd. (OTCMKTS:DKILY) last released its earnings results on Wednesday, November 6th. The company reported $0.20 earnings per share for the quarter. The business had revenue of $8.35 billion for the quarter, compared to the consensus estimate of $7.66 billion. Daikin Industries,Ltd. had a net margin of 5.56% and a return on equity of 8.64%. Analysts anticipate that Daikin Industries,Ltd. will post 0.58 earnings per share for the current fiscal 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.