Dai Nippon Printing (OTCMKTS:DNPLY) Shares Gap Up After Strong Earnings

Dai Nippon Printing Co. (OTCMKTS:DNPLY) gapped up prior to trading on Monday following a better than expected earnings announcement. The stock had previously closed at $9.16, but opened at $10.15. Dai Nippon Printing shares last traded at $10.15, with a volume of 1,218 shares traded.

The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.02. Dai Nippon Printing had a return on equity of 6.50% and a net margin of 5.39%.The company had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.33 billion.

Dai Nippon Printing Price Performance

The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.82 and a current ratio of 2.26. The stock has a market cap of $8.92 billion, a P/E ratio of 16.37 and a beta of 0.49. The firm has a 50-day moving average price of $9.00 and a 200-day moving average price of $9.27.

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.