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

Shares of Dai Nippon Printing Co. (OTCMKTS:DNPLY) gapped down prior to trading on Friday. The stock had previously closed at $9.29, but opened at $8.62. Dai Nippon Printing shares last traded at $8.62, with a volume of 556 shares trading hands.

Dai Nippon Printing Stock Performance

The firm’s 50 day moving average is $9.67 and its 200-day moving average is $9.30. The company has a market cap of $7.58 billion, a PE ratio of 13.90 and a beta of 0.52. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.81 and a current ratio of 2.30.

Dai Nippon Printing (OTCMKTS:DNPLY) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.15 by $0.02. The business had revenue of $2.36 billion for the quarter, compared to analyst estimates 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. (DNP) is a Japan-based information and communication technology company that provides printing, packaging, electronics and imaging solutions. Although rooted in traditional printing, the company has expanded its capabilities to serve a range of industrial, commercial and consumer markets.

DNP’s businesses include publication and commercial printing, business forms, promotional materials, books, magazines and digital content-related services. It also produces packaging materials for food, beverages, pharmaceuticals and other consumer products, including high-performance and environmentally oriented packaging solutions.