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

Dai Nippon Printing Co. (OTCMKTS:DNPLY) shares gapped up prior to trading on Monday . The stock had previously closed at $8.73, but opened at $9.50. Dai Nippon Printing shares last traded at $9.42, with a volume of 939 shares changing hands.

Dai Nippon Printing Trading Up 5.7%

The company has a quick ratio of 1.82, a current ratio of 2.26 and a debt-to-equity ratio of 0.18. The company’s 50-day moving average is $8.83 and its 200-day moving average is $9.13. The stock has a market capitalization of $8.51 billion, a price-to-earnings ratio of 12.10 and a beta of 0.50.

Dai Nippon Printing (OTCMKTS:DNPLY) last posted its earnings results on Wednesday, May 13th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.05. The company 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%.

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.