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

Dai Nippon Printing Co. (OTCMKTS:DNPLY) gapped down prior to trading on Monday . The stock had previously closed at $9.56, but opened at $9.17. Dai Nippon Printing shares last traded at $9.17, with a volume of 1,263 shares trading hands.

Wall Street Analyst Weigh In

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

Dai Nippon Printing Stock Performance

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 $8.33 billion, a price-to-earnings ratio of 15.04 and a beta of 0.54. The stock has a 50 day simple moving average of $9.58 and a two-hundred day simple moving average of $8.97.

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

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.