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

Dai Nippon Printing Co. (OTCMKTS:DNPLY) shares gapped up before the market opened on Monday . The stock had previously closed at $8.37, but opened at $8.8650. Dai Nippon Printing shares last traded at $8.86, with a volume of 1,907 shares.

Analyst Ratings Changes

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

Dai Nippon Printing Stock Up 3.3%

The business’s 50 day moving average is $8.88 and its 200 day moving average is $9.12. The company has a quick ratio of 1.82, a current ratio of 2.26 and a debt-to-equity ratio of 0.18. The company has a market cap of $7.95 billion, a P/E ratio of 11.31 and a beta of 0.51.

Dai Nippon Printing (OTCMKTS:DNPLY) last announced its earnings results on Wednesday, May 13th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.05. The business had revenue of $2.43 billion for the quarter, compared to analysts’ expectations of $2.44 billion. Dai Nippon Printing had a return on equity of 8.49% and a net margin of 6.94%.

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.