Dai Nippon Printing (OTCMKTS:DNPLY) Sees Strong Trading Volume – Still a Buy?

Shares of Dai Nippon Printing Co. (OTCMKTS:DNPLY) saw unusually-strong trading volume on Tuesday . 16,535 shares traded hands during mid-day trading, an increase of 119% from the previous session’s volume of 7,539 shares.The stock last traded at $7.94 and had previously closed at $8.32.

Wall Street Analyst Weigh In

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

Dai Nippon Printing Trading Up 6.2%

The company has a current ratio of 2.23, a quick ratio of 1.77 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $7.58 billion, a PE ratio of 10.78 and a beta of 0.51. The stock has a 50 day moving average price of $8.99 and a 200-day moving average price of $9.11.

Dai Nippon Printing (OTCMKTS:DNPLY) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. Dai Nippon Printing had a return on equity of 8.55% and a net margin of 6.94%.The company had revenue of $2.43 billion during the quarter, compared to analysts’ expectations 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.