Dai Nippon Printing (OTCMKTS:DNPLY) Shares Down 7.7% – Here’s Why

Shares of Dai Nippon Printing Co. (OTCMKTS:DNPLY) were down 7.7% during mid-day trading on Friday . The company traded as low as $9.35 and last traded at $9.35. 2,003 shares were traded during trading, a decline of 76% from the average daily volume of 8,206 shares. The stock had previously closed at $10.13.

Dai Nippon Printing Trading Down 0.4%

The company has a debt-to-equity ratio of 0.18, a current ratio of 2.26 and a quick ratio of 1.82. The business’s 50-day moving average is $8.84 and its two-hundred day moving average is $9.24. The firm has a market cap of $8.34 billion, a P/E ratio of 11.86 and a beta of 0.50.

Dai Nippon Printing (OTCMKTS:DNPLY) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.05. Dai Nippon Printing had a return on equity of 8.49% and a net margin of 6.94%.The company 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.