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Daikin Industries (OTCMKTS:DKILY) Shares Up 4.2% - Time to Buy?

Daikin Industries logo with Computer and Technology background

Daikin Industries (OTCMKTS:DKILY - Get Free Report) shot up 4.2% during trading on Friday . The stock traded as high as $13.06 and last traded at $12.87. 50,881 shares were traded during mid-day trading, a decline of 90% from the average session volume of 507,886 shares. The stock had previously closed at $12.35.

Daikin Industries Trading Up 4.2%

The company has a fifty day moving average of $11.42 and a two-hundred day moving average of $11.32. The company has a current ratio of 1.85, a quick ratio of 1.17 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $37.72 billion, a price-to-earnings ratio of 21.81, a price-to-earnings-growth ratio of 2.15 and a beta of 1.00.

Daikin Industries (OTCMKTS:DKILY - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.19 by ($0.04). Daikin Industries had a return on equity of 9.00% and a net margin of 5.58%. The business had revenue of $8.09 billion for the quarter, compared to analyst estimates of $1,163.53 billion. On average, research analysts expect that Daikin Industries will post 0.56 EPS for the current year.

About Daikin Industries

(Get Free Report)

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.

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