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 Wednesday . The stock had previously closed at $10.33, but opened at $10.00. Dai Nippon Printing shares last traded at $10.00, with a volume of 2,519 shares changing hands.

Dai Nippon Printing Stock Performance

The company has a market capitalization of $9.05 billion, a PE ratio of 16.60 and a beta of 0.49. 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 company has a 50 day moving average price of $9.27 and a 200 day moving average price of $9.33.

Dai Nippon Printing (OTCMKTS:DNPLY) last issued its quarterly earnings results on Friday, August 7th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. The business had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.33 billion. Dai Nippon Printing had a net margin of 5.39% and a return on equity of 6.50%.

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.