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

Dai Nippon Printing Co. (OTCMKTS:DNPLY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $10.45, but opened at $9.95. Dai Nippon Printing shares last traded at $9.95, with a volume of 150 shares changing hands.

Analyst Upgrades and Downgrades

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

Dai Nippon Printing Stock Down 3.1%

The business’s 50 day moving average is $9.45 and its 200-day moving average is $9.08. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.77 and a current ratio of 2.23. The firm has a market capitalization of $8.90 billion, a price-to-earnings ratio of 16.08 and a beta of 0.54.

Dai Nippon Printing (OTCMKTS:DNPLY) last posted its earnings results on Wednesday, May 13th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. Dai Nippon Printing had a net margin of 5.39% and a return on equity of 8.99%.

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.