Dai Nippon Printing (OTCMKTS:DNPLY) Sees Unusually-High Trading Volume – Here’s What Happened

Dai Nippon Printing Co. (OTCMKTS:DNPLY) shares saw unusually-strong trading volume on Thursday . Approximately 30,294 shares were traded during mid-day trading, an increase of 270% from the previous session’s volume of 8,188 shares.The stock last traded at $9.40 and had previously closed at $10.13.

Dai Nippon Printing Stock Performance

The stock has a market capitalization of $8.26 billion, a P/E ratio of 11.75 and a beta of 0.50. The company’s 50-day moving average is $8.83 and its two-hundred day moving average is $9.23. The company has a current ratio of 2.26, a quick ratio of 1.82 and a debt-to-equity ratio of 0.18.

Dai Nippon Printing (OTCMKTS:DNPLY) last posted its earnings results on Wednesday, May 13th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.09 by $0.05. Dai Nippon Printing had a net margin of 6.94% and a return on equity of 8.49%. The firm had revenue of $2.43 billion during the quarter, compared to analysts’ expectations of $2.44 billion.

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.