Dai Nippon Printing (OTCMKTS:DNPLY) Shares Gap Up – Here’s What Happened

Dai Nippon Printing Co. (OTCMKTS:DNPLY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $8.37, but opened at $8.8650. Dai Nippon Printing shares last traded at $8.86, with a volume of 1,907 shares changing hands.

Analysts Set New Price Targets

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

Dai Nippon Printing Trading Up 3.3%

The company has a quick ratio of 1.82, a current ratio of 2.26 and a debt-to-equity ratio of 0.18. The firm has a market cap of $7.95 billion, a P/E ratio of 11.31 and a beta of 0.51. The company’s 50 day simple moving average is $8.88 and its 200-day simple moving average is $9.12.

Dai Nippon Printing (OTCMKTS:DNPLY) last issued its quarterly earnings results on Wednesday, May 13th. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.05. Dai Nippon Printing had a return on equity of 8.49% and a net margin of 6.94%.The firm had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.44 billion.

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.