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

by · The Markets Daily

Shares of Dai Nippon Printing Co. (OTCMKTS:DNPLY – Get Free Report) gapped up before the market opened on Tuesday. The stock had previously closed at $8.18, but opened at $8.81. Dai Nippon Printing shares last traded at $8.84, with a volume of 30,036 shares traded.

Dai Nippon Printing Price Performance

The stock has a 50-day simple moving average of $9.28 and a 200 day simple moving average of $9.35. The company has a market cap of $7.50 billion, a PE ratio of 13.77 and a beta of 0.53. The company has a quick ratio of 1.81, a current ratio of 2.30 and a debt-to-equity ratio of 0.17.

Dai Nippon Printing (OTCMKTS:DNPLY – Get Free Report) last released its quarterly 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 business had revenue of $2.36 billion during the quarter, compared to analysts’ expectations 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

(Get Free Report)

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.

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