Dai Nippon Printing (OTCMKTS:DNPLY) Shares Gap Up – Should You Buy?

Shares of Dai Nippon Printing Co. (OTCMKTS:DNPLY) gapped up prior to trading on Tuesday . The stock had previously closed at $9.6850, but opened at $10.24. Dai Nippon Printing shares last traded at $10.24, with a volume of 508 shares traded.

Dai Nippon Printing Stock Down 0.1%

The company has a 50 day moving average of $9.71 and a 200-day moving average of $9.34. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.30 and a quick ratio of 1.82. The company has a market cap of $8.50 billion, a P/E ratio of 15.60 and a beta of 0.49.

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, beating the consensus estimate of $0.15 by $0.02. Dai Nippon Printing had a return on equity of 6.49% and a net margin of 5.39%.The firm had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.33 billion.

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.