Dai Nippon Printing (OTCMKTS:DNPLY) Shares Gap Down – Should You Sell?

Shares of Dai Nippon Printing Co. (OTCMKTS:DNPLY) gapped down prior to trading on Thursday. The stock had previously closed at $9.75, but opened at $9.23. Dai Nippon Printing shares last traded at $9.23, with a volume of 5,601 shares trading hands.

Dai Nippon Printing Stock Performance

The firm has a market cap of $8.08 billion, a P/E ratio of 14.82 and a beta of 0.52. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.81 and a current ratio of 2.30. The stock’s 50-day moving average is $9.68 and its 200 day moving average is $9.30.

Dai Nippon Printing (OTCMKTS:DNPLY) last posted its earnings results on Friday, August 7th. The company reported $0.17 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $2.33 billion.

Dai Nippon Printing Company Profile

Dai Nippon Printing Co, Ltd. (DNP) is a Japan-based information and communication technology company that provides printing, packaging, electronics and imaging solutions. Although rooted in traditional printing, the company has expanded its capabilities to serve a range of industrial, commercial and consumer markets.

DNP’s businesses include publication and commercial printing, business forms, promotional materials, books, magazines and digital content-related services. It also produces packaging materials for food, beverages, pharmaceuticals and other consumer products, including high-performance and environmentally oriented packaging solutions.