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

Dai Nippon Printing Co. (OTCMKTS:DNPLY)’s stock price gapped down prior to trading on Friday. The stock had previously closed at $9.3350, but opened at $8.7970. Dai Nippon Printing shares last traded at $8.97, with a volume of 928 shares changing hands.

Dai Nippon Printing Stock Performance

The stock has a market cap of $7.88 billion, a P/E ratio of 14.47 and a beta of 0.52. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.81 and a current ratio of 2.30. The firm’s 50 day moving average is $9.58 and its 200 day moving average is $9.30.

Dai Nippon Printing (OTCMKTS:DNPLY) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.17 EPS 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%.

About Dai Nippon Printing

Dai Nippon Printing Co, Ltd. (OTCMKTS:DNPLY) is a diversified Japanese printing and information technology company. Founded in 1876, the company has expanded beyond traditional printing to provide products and services for commercial, industrial and consumer applications.

Dai Nippon Printing’s business activities include information and commercial communication services, publishing and business forms, packaging materials, and decorative materials used in housing and automotive interiors.