Daikin Industries,Ltd. (OTCMKTS:DKILY) Posts Earnings Results

Daikin Industries,Ltd. (OTCMKTS:DKILY - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.08 earnings per share for the quarter, Zacks reports. Daikin Industries,Ltd. had a return on equity of 8.15% and a net margin of 5.37%.

Daikin Industries,Ltd. Stock Performance

OTCMKTS DKILY traded down $0.38 during midday trading on Friday, hitting $10.66. The company had a trading volume of 800,759 shares, compared to its average volume of 623,072. The firm has a fifty day simple moving average of $11.75 and a two-hundred day simple moving average of $12.27. The stock has a market cap of $31.25 billion, a price-to-earnings ratio of 18.70, a P/E/G ratio of 2.13 and a beta of 1.00. The company has a quick ratio of 1.23, a current ratio of 1.90 and a debt-to-equity ratio of 0.15. Daikin Industries,Ltd. has a fifty-two week low of $10.65 and a fifty-two week high of $16.32.

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.