Dai Nippon Printing (OTCMKTS:DNPLY) Shares Gap Down – Here’s Why

Dai Nippon Printing Co. (OTCMKTS:DNPLY)’s stock price gapped down prior to trading on Friday. The stock had previously closed at $9.3350, but opened at $8.7970. Dai Nippon Printing shares last traded at $8.97, with a volume of 928 shares traded.

Dai Nippon Printing Trading Down 3.9%

The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.81 and a current ratio of 2.30. The firm has a 50-day moving average of $9.58 and a 200-day moving average of $9.30. The firm has a market capitalization of $7.88 billion, a P/E ratio of 14.47 and a beta of 0.52.

Dai Nippon Printing (OTCMKTS:DNPLY) last posted its earnings results on Friday, August 7th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. The firm had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.33 billion. Dai Nippon Printing had a return on equity of 6.49% and a net margin of 5.39%.

Dai Nippon Printing Company Profile

Dai Nippon Printing Co, Ltd. (OTCMKTS:DNPLY) is a diversified Japanese printing and information technology company. Founded in 1876, the company has expanded beyond traditional printing to provide products and services for commercial, industrial and consumer applications.

Dai Nippon Printing’s business activities include information and commercial communication services, publishing and business forms, packaging materials, and decorative materials used in housing and automotive interiors.