Dai Nippon Printing (OTCMKTS:DNPLY) Trading Down 7.1% – Should You Sell?

Dai Nippon Printing Co. (OTCMKTS:DNPLY) dropped 7.1% during trading on Thursday . The stock traded as low as $9.3250 and last traded at $9.3250. Approximately 513 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 6,473 shares. The stock had previously closed at $10.04.

Analysts Set New Price Targets

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

Dai Nippon Printing Price Performance

The firm has a 50 day moving average of $9.45 and a 200-day moving average of $9.09. The company has a market cap of $8.21 billion, a P/E ratio of 14.82 and a beta of 0.54. The company has a current ratio of 2.23, a quick ratio of 1.77 and a debt-to-equity ratio of 0.18.

Dai Nippon Printing (OTCMKTS:DNPLY) last issued its earnings results on Wednesday, May 13th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.05. The company had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.44 billion. Dai Nippon Printing had a return on equity of 8.99% and a net margin of 5.39%.

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.