Dai Nippon Printing Co. (OTCMKTS:DNPLY) Sees Significant Decline in Short Interest

Dai Nippon Printing Co. (OTCMKTS:DNPLY) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 1,864 shares, a decline of 38.3% from the August 15th total of 3,021 shares. Based on an average trading volume of 5,324 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Dai Nippon Printing Price Performance

Shares of Dai Nippon Printing stock opened at $9.68 on Thursday. The stock has a market cap of $8.50 billion, a P/E ratio of 15.60 and a beta of 0.49. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.81 and a current ratio of 2.30. The stock’s fifty day moving average is $9.76 and its 200 day moving average is $9.33. Dai Nippon Printing has a one year low of $7.66 and a one year high of $10.66.

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

About Dai Nippon Printing

Dai Nippon Printing Co, Ltd. is a Japanese printing and information technology company that develops products and services using printing, coating, materials, imaging, and processing technologies. Established in 1876, the company has expanded beyond traditional printing into business solutions, electronic components, packaging, and advanced materials.

Its information communication activities include publishing and commercial printing, marketing materials, business forms, security printing, and digital services.