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

Dai Nippon Printing Co. (OTCMKTS:DNPLY) shares gapped up before the market opened on Wednesday . The stock had previously closed at $9.07, but opened at $9.37. Dai Nippon Printing shares last traded at $9.50, with a volume of 695 shares trading hands.

Dai Nippon Printing Trading Up 2.2%

The company has a quick ratio of 1.81, a current ratio of 2.30 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $8.15 billion, a price-to-earnings ratio of 14.95 and a beta of 0.49. The business has a 50-day moving average of $9.76 and a two-hundred day moving average of $9.31.

Dai Nippon Printing (OTCMKTS:DNPLY) last posted its quarterly earnings results on Friday, August 7th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.15 by $0.02. Dai Nippon Printing had a return on equity of 6.49% and a net margin of 5.39%.The firm had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.33 billion.

Dai Nippon Printing Company Profile

Dai Nippon Printing Co, Ltd. is a Japanese printing and information technology company that develops products and services using printing, coating, materials, imaging, and processing technologies. Established in 1876, the company has expanded beyond traditional printing into business solutions, electronic components, packaging, and advanced materials.

Its information communication activities include publishing and commercial printing, marketing materials, business forms, security printing, and digital services.