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

Dai Nippon Printing Co. (OTCMKTS:DNPLY) shares gapped down prior to trading on Tuesday. The stock had previously closed at $9.50, but opened at $9.19. Dai Nippon Printing shares last traded at $9.20, with a volume of 1,745 shares.

Dai Nippon Printing Trading Down 1.4%

The company has a quick ratio of 1.81, a current ratio of 2.30 and a debt-to-equity ratio of 0.17. The company has a market cap of $8.13 billion, a price-to-earnings ratio of 14.91 and a beta of 0.49. The company’s 50-day moving average is $9.70 and its 200 day moving average is $9.30.

Dai Nippon Printing (OTCMKTS:DNPLY) last released its quarterly earnings results on Friday, August 7th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. The company had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.33 billion. Dai Nippon Printing had a return on equity of 6.49% and a net margin of 5.39%.

Dai Nippon Printing Company Profile

Dai Nippon Printing Co, Ltd. is a Japanese printing and information technology company that develops products and services using printing, coating, materials, imaging, and processing technologies. Established in 1876, the company has expanded beyond traditional printing into business solutions, electronic components, packaging, and advanced materials.

Its information communication activities include publishing and commercial printing, marketing materials, business forms, security printing, and digital services.