Dai Nippon Printing (OTCMKTS:DNPLY) Issues Earnings Results

Dai Nippon Printing (OTCMKTS:DNPLY) released its quarterly earnings results on Wednesday. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05, Zacks reports. Dai Nippon Printing had a return on equity of 8.99% and a net margin of 5.39%.The business had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.44 billion.

Dai Nippon Printing Trading Down 5.9%

Shares of OTCMKTS:DNPLY traded down $0.59 on Thursday, reaching $9.45. 4,027 shares of the company traded hands, compared to its average volume of 6,512. The business’s 50-day simple moving average is $9.45 and its 200 day simple moving average is $9.09. Dai Nippon Printing has a 52 week low of $6.83 and a 52 week high of $10.66. The stock has a market capitalization of $8.31 billion, a P/E ratio of 15.00 and a beta of 0.54. The company has a current ratio of 2.23, a quick ratio of 1.77 and a debt-to-equity ratio of 0.18.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised Dai Nippon Printing to a “hold” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

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.