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

Dai Nippon Printing Co. (OTCMKTS:DNPLY)’s stock price gapped down before the market opened on Friday. The stock had previously closed at $9.29, but opened at $8.62. Dai Nippon Printing shares last traded at $8.62, with a volume of 556 shares.

Dai Nippon Printing Trading Down 1.4%

The firm’s 50-day moving average price is $9.67 and its 200-day moving average price is $9.30. The company has a quick ratio of 1.81, a current ratio of 2.30 and a debt-to-equity ratio of 0.17. The company has a market cap of $7.58 billion, a P/E ratio of 13.90 and a beta of 0.52.

Dai Nippon Printing (OTCMKTS:DNPLY) last released its quarterly earnings data on Friday, August 7th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. Dai Nippon Printing had a net margin of 5.39% and a return on equity of 6.49%. The firm had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.33 billion.

About Dai Nippon Printing

Dai Nippon Printing Co, Ltd. (DNP) is a Japan-based information and communication technology company that provides printing, packaging, electronics and imaging solutions. Although rooted in traditional printing, the company has expanded its capabilities to serve a range of industrial, commercial and consumer markets.

DNP’s businesses include publication and commercial printing, business forms, promotional materials, books, magazines and digital content-related services. It also produces packaging materials for food, beverages, pharmaceuticals and other consumer products, including high-performance and environmentally oriented packaging solutions.