Dai Nippon Printing Co. (OTCMKTS:DNPLY) Short Interest Down 71.8% in May

Dai Nippon Printing Co. (OTCMKTS:DNPLY) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 3,217 shares, a decrease of 71.8% from the April 30th total of 11,398 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 18,037 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

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

Dai Nippon Printing Trading Up 2.0%

OTCMKTS:DNPLY opened at $8.62 on Friday. The company’s 50 day moving average price is $9.22 and its 200-day moving average price is $9.10. Dai Nippon Printing has a 52 week low of $6.83 and a 52 week high of $10.66. The company has a quick ratio of 1.77, a current ratio of 2.23 and a debt-to-equity ratio of 0.18. The stock has a market cap of $7.58 billion, a price-to-earnings ratio of 10.78 and a beta of 0.54.

Dai Nippon Printing (OTCMKTS:DNPLY) last posted its quarterly earnings results on Wednesday, May 13th. The company reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. Dai Nippon Printing had a net margin of 6.94% and a return on equity of 8.55%. The firm had revenue of $2.43 billion for the quarter, compared to analysts’ expectations of $2.44 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.