Dai Nippon Printing Co. (OTCMKTS:DNPLY) Sees Large Growth in Short Interest

Dai Nippon Printing Co. (OTCMKTS:DNPLY) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 8,657 shares, an increase of 7,699.1% from the October 15th total of 111 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 13,935 shares, the days-to-cover ratio is presently 0.6 days.

Dai Nippon Printing Stock Up 0.7%

Dai Nippon Printing stock traded up $0.06 during mid-day trading on Tuesday, reaching $8.62. The stock had a trading volume of 34,736 shares, compared to its average volume of 7,503. Dai Nippon Printing has a one year low of $7.66 and a one year high of $10.66. The company has a 50-day moving average price of $9.28 and a two-hundred day moving average price of $9.35. The company has a market capitalization of $7.58 billion, a price-to-earnings ratio of 13.90 and a beta of 0.53. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.30 and a quick ratio of 1.81.

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

About Dai Nippon Printing

Dai Nippon Printing Co., Ltd. (DNP) is a Japanese printing and technology company founded in Tokyo in 1876. It has expanded beyond traditional printing to provide products and services for businesses, consumers and public institutions. The company’s activities include commercial printing, books and other publications, packaging, and information-processing services. DNP also makes materials and components for electronics, including products used in displays and semiconductor manufacturing, as well as decorative and functional materials for industrial and consumer applications.