Daikin Industries,Ltd. (OTCMKTS:DKILY) Sets New 1-Year Low – Should You Sell?

Daikin Industries,Ltd. (OTCMKTS:DKILY)’s share price reached a new 52-week low during mid-day trading on Friday . The company traded as low as $10.93 and last traded at $11.33, with a volume of 656495 shares changing hands. The stock had previously closed at $11.22.

Daikin Industries,Ltd. Trading Up 1.0 %

The firm’s 50-day simple moving average is $12.08 and its 200 day simple moving average is $12.92. The stock has a market cap of $33.21 billion, a P/E ratio of 19.53, a PEG ratio of 2.01 and a beta of 1.00. The company has a current ratio of 1.90, a quick ratio of 1.07 and a debt-to-equity ratio of 0.15.

Daikin Industries,Ltd. (OTCMKTS:DKILY) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.20 earnings per share (EPS) for the quarter. Daikin Industries,Ltd. had a return on equity of 8.64% and a net margin of 5.56%. The business had revenue of $8.35 billion during the quarter, compared to analyst estimates of $7.66 billion. As a group, equities research analysts anticipate that Daikin Industries,Ltd. will post 0.58 earnings per share for the current year.

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.