Short Interest in Dai Nippon Printing Co. (OTCMKTS:DNPLY) Declines By 71.4%

Dai Nippon Printing Co. (OTCMKTS:DNPLYGet Free Report) was the target of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 969 shares, a drop of 71.4% from the February 26th total of 3,386 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 7,939 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 7,939 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

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

Read Our Latest Research Report on DNPLY

Dai Nippon Printing Stock Down 3.6%

Shares of Dai Nippon Printing stock traded down $0.33 during midday trading on Wednesday, hitting $8.88. The company had a trading volume of 347 shares, compared to its average volume of 5,317. Dai Nippon Printing has a 52-week low of $6.07 and a 52-week high of $10.66. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.77 and a current ratio of 2.23. The stock has a market capitalization of $9.31 billion, a P/E ratio of 14.10 and a beta of 0.53. The company has a 50 day moving average of $9.58 and a 200 day moving average of $8.90.

Dai Nippon Printing (OTCMKTS:DNPLYGet Free Report) last announced its quarterly earnings data on Friday, February 13th. The company reported $0.19 earnings per share (EPS) for the quarter. Dai Nippon Printing had a return on equity of 8.99% and a net margin of 5.39%.The business had revenue of $2.53 billion during the quarter.

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.

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