Dai Nippon Printing Co. (OTCMKTS:DNPLY) Sees Large Decrease in Short Interest

Dai Nippon Printing Co. (OTCMKTS:DNPLY) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 3,217 shares, a decrease of 71.8% from the April 30th total of 11,398 shares. Based on an average trading volume of 18,037 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Dai Nippon Printing Stock Down 0.5%

Shares of OTCMKTS DNPLY traded down $0.04 during trading on Friday, hitting $8.58. The stock had a trading volume of 7,594 shares, compared to its average volume of 9,032. Dai Nippon Printing has a 12 month low of $6.83 and a 12 month high of $10.66. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.23 and a quick ratio of 1.77. The company has a market capitalization of $7.54 billion, a PE ratio of 10.73 and a beta of 0.54. The firm has a fifty day moving average of $9.20 and a two-hundred day moving average of $9.10.

Dai Nippon Printing (OTCMKTS:DNPLY) last posted its earnings results on Wednesday, May 13th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.05. The firm had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.44 billion. Dai Nippon Printing had a net margin of 6.94% and a return on equity of 8.55%.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of Dai Nippon Printing to a “hold” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About Dai Nippon Printing

Dai Nippon Printing Co, Ltd. (OTCMKTS: DNPLY), commonly known as DNP, is one of Japan’s largest comprehensive printing companies. Established in 1876 and headquartered in Tokyo, the company has built a legacy in traditional and digital printing, offering a broad spectrum of paper-based and value-added services. Over its long history, DNP has evolved from newspaper and book printing to becoming a diversified provider of information, communication and functional materials.

DNP’s business is organized into several key segments.