Dai Nippon Printing (OTCMKTS:DNPLY) Shares Gap Down – Here’s What Happened

Dai Nippon Printing Co. (OTCMKTS:DNPLY) shares gapped down prior to trading on Monday . The stock had previously closed at $9.90, but opened at $9.35. Dai Nippon Printing shares last traded at $9.35, with a volume of 469 shares changing hands.

Analyst Ratings Changes

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

Dai Nippon Printing Stock Performance

The firm has a market capitalization of $10.62 billion, a PE ratio of 16.06 and a beta of 0.53. The company’s 50-day moving average price is $9.46 and its 200-day moving average price is $8.85. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.74 and a current ratio of 2.18.

Dai Nippon Printing (OTCMKTS:DNPLY) last announced its quarterly earnings results 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 8.92% and a net margin of 5.39%.The company had revenue of $2.53 billion during the quarter.

Dai Nippon Printing Company Profile

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.