Zacks Investment Research cut shares of Daikin Industries (OTCMKTS:DKILY) from a hold rating to a sell rating in a research report report published on Friday.
According to Zacks, “DAIKIN INDUSTRIES, LTD. manufactures air conditioning equipment for household and commercial use. The company also operates chemical, oil hydraulics, defense system and electronics businesses. It operates primarily in Japan, Asia and Oceania, Europe, the United States, China and internationally. DAIKIN INDUSTRIES, LTD. is headquartered in Osaka, Japan. “
Shares of Daikin Industries (OTCMKTS DKILY) opened at $230.82 on Friday. Daikin Industries has a 1-year low of $180.77 and a 1-year high of $238.52. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.26 and a current ratio of 1.82.
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