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

Dai Nippon Printing Co. (OTCMKTS:DNPLY)’s stock price gapped up before the market opened on Monday. The stock had previously closed at $8.74, but opened at $9.30. Dai Nippon Printing shares last traded at $9.30, with a volume of 211 shares.

Dai Nippon Printing Stock Up 2.3%

The stock has a 50 day simple moving average of $9.66 and a 200-day simple moving average of $9.30. The firm has a market cap of $7.86 billion, a PE ratio of 14.43 and a beta of 0.52. 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 released its earnings results on Friday, August 7th. The company reported $0.17 EPS 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 business had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.33 billion.

Dai Nippon Printing Company Profile

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.