Shares of DAIKIN INDUSTRI/ADR (OTCMKTS:DKILY) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $15.70 and last traded at $15.28, with a volume of 75478 shares. The stock had previously closed at $15.08.
A number of equities research analysts recently issued reports on the company. Citigroup raised DAIKIN INDUSTRI/ADR from a “neutral” rating to a “buy” rating in a research note on Monday, March 16th. Goldman Sachs Group lowered DAIKIN INDUSTRI/ADR from a “conviction-buy” rating to a “buy” rating in a research report on Wednesday, February 19th. ValuEngine raised DAIKIN INDUSTRI/ADR from a “sell” rating to a “hold” rating in a research report on Thursday, April 2nd. Finally, Zacks Investment Research lowered DAIKIN INDUSTRI/ADR from a “buy” rating to a “hold” rating in a research report on Thursday, May 28th.
The stock has a 50-day simple moving average of $13.21 and a two-hundred day simple moving average of $13.58. The firm has a market capitalization of $43.58 billion, a P/E ratio of 25.89 and a beta of 0.79.
Daikin Industries, Ltd. manufactures, distributes, and sells air-conditioning and refrigeration equipment, and chemical products. Its air-conditioning 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, absorption refrigerators, freezers, water chillers, turbo refrigerator equipment, air-handling units, air filters, industrial dust collectors, and marine-type container refrigeration systems.
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