Dai Nippon Printing Co. (OTCMKTS:DNPLY) Sees Significant Decline in Short Interest

Dai Nippon Printing Co. (OTCMKTS:DNPLY) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 31 shares, a drop of 95.0% from the June 30th total of 622 shares. Based on an average daily trading volume, of 27,237 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Dai Nippon Printing Stock Performance

Shares of DNPLY stock traded down $0.04 during trading hours on Friday, reaching $9.48. 4,386 shares of the company traded hands, compared to its average volume of 8,178. Dai Nippon Printing has a 12-month low of $7.66 and a 12-month high of $10.66. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.26 and a quick ratio of 1.82. The company has a market cap of $8.34 billion, a P/E ratio of 11.86 and a beta of 0.50. The firm has a 50-day moving average price of $8.84 and a 200 day moving average price of $9.23.

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

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.