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

Shares of Dai Nippon Printing Co. (OTCMKTS:DNPLY) gapped down before the market opened on Monday. The stock had previously closed at $8.83, but opened at $8.19. Dai Nippon Printing shares last traded at $8.45, with a volume of 450 shares trading hands.

Dai Nippon Printing Trading Up 3.2%

The company has a market capitalization of $7.42 billion, a PE ratio of 13.62 and a beta of 0.53. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.30 and a quick ratio of 1.81. The company’s fifty day moving average is $9.30 and its 200-day moving average is $9.35.

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 analysts’ consensus estimates of $0.15 by $0.02. The company 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. (DNP) is a Japanese printing and technology company founded in Tokyo in 1876. It has expanded beyond traditional printing to provide products and services for businesses, consumers and public institutions.

The company’s activities include commercial printing, books and other publications, packaging, and information-processing services. DNP also makes materials and components for electronics, including products used in displays and semiconductor manufacturing, as well as decorative and functional materials for industrial and consumer applications.

Based in Japan, DNP serves customers in domestic and international markets through its business operations and overseas presence.