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

Dai Nippon Printing Co. (OTCMKTS:DNPLY) shares gapped up before the market opened on Monday. The stock had previously closed at $8.74, but opened at $9.30. Dai Nippon Printing shares last traded at $9.30, with a volume of 211 shares traded.

Dai Nippon Printing Stock Up 2.3%

The company has a current ratio of 2.30, a quick ratio of 1.81 and a debt-to-equity ratio of 0.17. The stock has a 50 day simple moving average of $9.66 and a 200 day simple moving average of $9.30. The firm has a market capitalization of $7.86 billion, a PE ratio of 14.43 and a beta of 0.52.

Dai Nippon Printing (OTCMKTS:DNPLY) last announced its quarterly earnings data 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. The firm had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.33 billion. Dai Nippon Printing had a return on equity of 6.49% and a net margin of 5.39%.

Dai Nippon Printing Company Profile

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.