Dai Nippon Printing (OTCMKTS:DNPLY) Shares Gap Down – Time to Sell?
by Renee Jackson · The Cerbat GemDai Nippon Printing Co. (OTCMKTS:DNPLY – Get Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $9.18, but opened at $8.7450. Dai Nippon Printing shares last traded at $8.7450, with a volume of 447 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group upgraded Dai Nippon Printing to a “hold” rating in a report on Monday, March 2nd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.
Get Our Latest Stock Report on Dai Nippon Printing
Dai Nippon Printing Stock Performance
The stock has a market cap of $7.73 billion, a price-to-earnings ratio of 11.00 and a beta of 0.54. The company’s fifty day simple moving average is $9.40 and its two-hundred day simple moving average is $9.10. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.23 and a quick ratio of 1.77.
Dai Nippon Printing (OTCMKTS:DNPLY – Get Free Report) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. Dai Nippon Printing had a net margin of 6.94% and a return on equity of 8.55%. The firm had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.44 billion.
Dai Nippon Printing Company Profile
Dai Nippon Printing Co, Ltd. (OTCMKTS: DNPLY), commonly known as DNP, is one of Japan’s largest comprehensive printing companies. Established in 1876 and headquartered in Tokyo, the company has built a legacy in traditional and digital printing, offering a broad spectrum of paper-based and value-added services. Over its long history, DNP has evolved from newspaper and book printing to becoming a diversified provider of information, communication and functional materials.
DNP’s business is organized into several key segments.