Dai Nippon Printing (OTCMKTS:DNPLY) Shares Gap Down – What’s Next?

Dai Nippon Printing Co. (OTCMKTS:DNPLY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $9.18, but opened at $8.7450. Dai Nippon Printing shares last traded at $8.7450, with a volume of 447 shares traded.

Wall Street Analysts Forecast Growth

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 data from MarketBeat.com, Dai Nippon Printing has an average rating of “Hold”.

Dai Nippon Printing Stock Performance

The company’s 50 day simple moving average is $9.40 and its 200 day simple moving average is $9.10. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.77 and a current ratio of 2.23. The stock has a market cap of $7.73 billion, a PE ratio of 11.00 and a beta of 0.54.

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, beating the consensus estimate of $0.09 by $0.05. The company had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.44 billion. Dai Nippon Printing had a return on equity of 8.55% and a net margin of 6.94%.

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.