Dai Nippon Printing (OTCMKTS:DNPLY) Sees Large Volume Increase – Here’s What Happened

Dai Nippon Printing Co. (OTCMKTS:DNPLY) shares saw strong trading volume on Friday. Approximately 26,716 shares traded hands during trading, an increase of 265% from the average daily volume of 7,314 shares. The stock last traded at $9.00 and had previously closed at $9.1370.

Dai Nippon Printing Trading Down 2.3%

The stock has a market cap of $7.91 billion, a PE ratio of 14.52 and a beta of 0.52. The company’s fifty day moving average is $9.47 and its 200-day moving average is $9.36. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.30 and a quick ratio of 1.81.

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

About Dai Nippon Printing

Dai Nippon Printing Co, Ltd. (OTCMKTS:DNPLY) is a diversified Japanese printing and information technology company. Founded in 1876, the company has expanded beyond traditional printing to provide products and services for commercial, industrial and consumer applications.

Dai Nippon Printing’s business activities include information and commercial communication services, publishing and business forms, packaging materials, and decorative materials used in housing and automotive interiors.