Dai Nippon Printing (OTCMKTS:DNPLY) Shares Gap Up – Still a Buy?

Dai Nippon Printing Co. (OTCMKTS:DNPLY)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $9.07, but opened at $9.37. Dai Nippon Printing shares last traded at $9.50, with a volume of 695 shares traded.

Dai Nippon Printing Stock Performance

The company has a market cap of $8.15 billion, a P/E ratio of 14.95 and a beta of 0.49. 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 stock’s 50-day moving average price is $9.76 and its 200 day moving average price is $9.31.

Dai Nippon Printing (OTCMKTS:DNPLY) 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. The company had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.33 billion. Dai Nippon Printing had a net margin of 5.39% and a return on equity of 6.49%.

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.