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

Dai Nippon Printing Co. (OTCMKTS:DNPLY)’s stock 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 traded.

Wall Street Analysts Forecast Growth

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

Dai Nippon Printing Price Performance

The company has a quick ratio of 1.77, a current ratio of 2.23 and a debt-to-equity ratio of 0.18. The stock has a market cap of $8.11 billion, a P/E ratio of 11.54 and a beta of 0.54. The business’s 50-day simple moving average is $9.43 and its two-hundred day simple moving average is $9.09.

Dai Nippon Printing (OTCMKTS:DNPLY) last issued its earnings results on Wednesday, May 13th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.05. The firm had revenue of $2.43 billion during the quarter, compared to analyst estimates of $2.44 billion. Dai Nippon Printing had a net margin of 6.94% and a return on equity of 8.55%.

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.