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Daikin Industries,Ltd. (OTCMKTS:DKILY) Stock Price Up 1.1% - Time to Buy?

Daikin Industries,Ltd. logo with Computer and Technology background

Daikin Industries,Ltd. (OTCMKTS:DKILY - Get Free Report) was up 1.1% on Thursday . The stock traded as high as $11.81 and last traded at $11.46. Approximately 440,737 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 552,983 shares. The stock had previously closed at $11.33.

Daikin Industries,Ltd. Price Performance

The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.23 and a current ratio of 1.90. The business has a 50 day simple moving average of $11.24 and a 200-day simple moving average of $11.35. The firm has a market cap of $33.68 billion, a price-to-earnings ratio of 20.16, a P/E/G ratio of 2.03 and a beta of 1.00.

Daikin Industries,Ltd. (OTCMKTS:DKILY - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by ($0.04). Daikin Industries,Ltd. had a net margin of 5.37% and a return on equity of 8.15%. The company had revenue of $8.09 billion during the quarter, compared to the consensus estimate of $1,163.53 billion. Equities research analysts expect that Daikin Industries,Ltd. will post 0.56 earnings per share for the current year.

About Daikin Industries,Ltd.

(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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