Daikin Industries (OTCMKTS:DKILY) Shares Gap Down – Here’s What Happened
by Renee Jackson · The Cerbat GemDaikin Industries (OTCMKTS:DKILY – Get Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $12.98, but opened at $12.5501. Daikin Industries shares last traded at $12.8650, with a volume of 14,781 shares traded.
Daikin Industries Price Performance
The firm has a fifty day moving average of $12.43 and a two-hundred day moving average of $12.28. The stock has a market capitalization of $37.74 billion, a P/E ratio of 20.77, a P/E/G ratio of 2.28 and a beta of 0.88. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.98 and a quick ratio of 1.24.
Daikin Industries (OTCMKTS:DKILY – Get Free Report) last issued its earnings results on Wednesday, November 5th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. Daikin Industries had a net margin of 5.80% and a return on equity of 9.16%. The company had revenue of $8.25 billion for the quarter, compared to analysts’ expectations of $1,253.56 billion. On average, analysts predict that Daikin Industries will post 0.56 EPS for the current year.
About Daikin Industries
Daikin Industries is a Japanese multinational manufacturer best known for its heating, ventilation and air conditioning (HVAC) systems and related products. Headquartered in Osaka, the company designs, manufactures and sells a broad range of climate-control equipment for residential, commercial and industrial applications. Its portfolio spans wall‑mounted and packaged air conditioners, rooftop units, chillers, heat pumps, compressors, air purifiers and controls, as well as associated spare parts and aftermarket services.
In addition to finished HVAC systems, Daikin produces refrigerants and fluorochemical products used across the cooling industry, and it develops compressors and heat-exchange technologies that underpin its product lines.