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

Dai Nippon Printing Co. (OTCMKTS:DNPLYGet Free Report) gapped up before the market opened 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 changing hands.

Dai Nippon Printing Stock Performance

The business’s fifty day moving average is $9.68 and its two-hundred day moving average is $9.34. The company has a quick ratio of 1.82, a current ratio of 2.26 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $8.65 billion, a PE ratio of 15.87 and a beta of 0.49.

Dai Nippon Printing (OTCMKTS:DNPLYGet Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. Dai Nippon Printing had a net margin of 5.39% and a return on equity of 6.50%. The company had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.33 billion.

Dai Nippon Printing Company Profile

(Get Free Report)

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.

Further Reading

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