Dai Nippon Printing (OTCMKTS:DNPLY) Trading Down 7.7% – Here’s Why
by Mitch Edgeman · The Markets DailyDai Nippon Printing Co. (OTCMKTS:DNPLY – Get Free Report)’s share price traded down 7.7% during mid-day trading on Friday . The stock traded as low as $9.35 and last traded at $9.35. 2,003 shares traded hands during trading, a decline of 76% from the average session volume of 8,206 shares. The stock had previously closed at $10.13.
Dai Nippon Printing Price Performance
The stock’s fifty day moving average price is $8.84 and its 200-day moving average price is $9.23. The firm has a market cap of $8.34 billion, a price-to-earnings ratio of 11.86 and a beta of 0.50. The company has a current ratio of 2.26, a quick ratio of 1.82 and a debt-to-equity ratio of 0.18.
Dai Nippon Printing (OTCMKTS:DNPLY – Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.09 by $0.05. Dai Nippon Printing had a net margin of 6.94% and a return on equity of 8.49%. The firm had revenue of $2.43 billion for the quarter, compared to analyst estimates of $2.44 billion.
About Dai Nippon Printing
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.