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

Dai Nippon Printing Co. (OTCMKTS:DNPLY)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $9.02, but opened at $9.61. Dai Nippon Printing shares last traded at $9.10, with a volume of 1,427 shares changing hands.

Analyst Upgrades and Downgrades

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

Dai Nippon Printing Trading Up 1.6%

The stock has a market capitalization of $8.17 billion, a price-to-earnings ratio of 14.76 and a beta of 0.54. The company has a current ratio of 2.23, a quick ratio of 1.77 and a debt-to-equity ratio of 0.18. The company has a fifty day moving average of $9.46 and a two-hundred day moving average of $9.00.

Dai Nippon Printing (OTCMKTS:DNPLY) last posted its earnings results on Friday, February 13th. The company reported $0.19 earnings per share (EPS) for the quarter. The business had revenue of $2.53 billion for the quarter. Dai Nippon Printing had a net margin of 5.39% and a return on equity of 8.99%.

Dai Nippon Printing Company Profile

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.