Dai Nippon Printing (OTCMKTS:DNPLY) Shares Gap Up – Still a Buy?

Dai Nippon Printing Co. (OTCMKTS:DNPLY)’s share price gapped up before the market opened on Monday . The stock had previously closed at $8.12, but opened at $8.6950. Dai Nippon Printing shares last traded at $8.69, with a volume of 359 shares traded.

Analyst Upgrades and Downgrades

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

Dai Nippon Printing Stock Down 0.1%

The firm’s fifty day simple moving average is $8.92 and its two-hundred day simple moving average is $9.11. The company has a current ratio of 2.26, a quick ratio of 1.82 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $7.37 billion, a price-to-earnings ratio of 10.48 and a beta of 0.51.

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

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.