Dai Nippon Printing (OTCMKTS:DNPLY) Trading 6.5% Higher – Here’s Why

Dai Nippon Printing Co. (OTCMKTS:DNPLY) shares shot up 6.5% on Friday . The company traded as high as $9.8330 and last traded at $9.8330. Approximately 540 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 7,616 shares. The stock had previously closed at $9.2370.

Dai Nippon Printing Stock Up 0.9%

The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.82 and a current ratio of 2.26. The firm has a fifty day simple moving average of $8.86 and a 200-day simple moving average of $9.16. The firm has a market cap of $8.64 billion, a price-to-earnings ratio of 12.29 and a beta of 0.50.

Dai Nippon Printing (OTCMKTS:DNPLY) last released its quarterly earnings data 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 the consensus estimate 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.