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

Daikin Industries,Ltd. (OTCMKTS:DKILY) was the target of a large drop in short interest in November. As of November 30th, there was short interest totalling 5,300 shares, a drop of 99.6% from the November 15th total of 1,318,600 shares. Based on an average daily trading volume, of 1,065,700 shares, the short-interest ratio is currently 0.0 days.

Daikin Industries,Ltd. Trading Up 0.1 %

OTCMKTS:DKILY traded up $0.01 during midday trading on Wednesday, hitting $12.08. 515,081 shares of the company traded hands, compared to its average volume of 521,701. The firm has a market capitalization of $35.41 billion, a P/E ratio of 20.83, a P/E/G ratio of 2.03 and a beta of 1.00. The firm’s fifty day moving average is $12.37 and its 200-day moving average is $13.08. Daikin Industries,Ltd. has a 12-month low of $11.16 and a 12-month high of $17.14. The company has a current ratio of 1.68, a quick ratio of 1.07 and a debt-to-equity ratio of 0.11.

Daikin Industries,Ltd. (OTCMKTS:DKILY) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.20 earnings per share for the quarter. Daikin Industries,Ltd. had a return on equity of 8.68% and a net margin of 5.56%. The firm had revenue of $8.35 billion for the quarter, compared to the consensus estimate of $7.66 billion. On average, sell-side analysts predict that Daikin Industries,Ltd. will post 0.58 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded shares of Daikin Industries,Ltd. from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 15th.

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.