Dai Nippon Printing (OTCMKTS:DNPLY) Shares Gap Up – Time to Buy?

Shares of Dai Nippon Printing Co. (OTCMKTS:DNPLY) gapped up before the market opened on Friday . The stock had previously closed at $9.32, but opened at $9.6513. Dai Nippon Printing shares last traded at $8.85, with a volume of 1,065 shares changing hands.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded Dai Nippon Printing to a “hold” rating in a report on Monday, March 2nd. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Dai Nippon Printing currently has a consensus rating of “Hold”.

Dai Nippon Printing Stock Down 0.1%

The firm’s fifty day simple moving average is $9.56 and its 200-day simple moving average is $8.89. The company has a market cap of $9.77 billion, a PE ratio of 14.79 and a beta of 0.53. The company has a quick ratio of 1.77, a current ratio of 2.23 and a debt-to-equity ratio of 0.18.

Dai Nippon Printing (OTCMKTS:DNPLY) last issued its quarterly earnings data on Friday, February 13th. The company reported $0.19 earnings per share for the quarter. Dai Nippon Printing had a net margin of 5.39% and a return on equity of 8.99%. The business had revenue of $2.53 billion during the quarter.

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.