Dai Nippon Printing (OTCMKTS:DNPLY) Shares Gap Up – Still a Buy?

Dai Nippon Printing Co. (OTCMKTS:DNPLY)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $9.30, but opened at $9.7020. Dai Nippon Printing shares last traded at $9.7020, with a volume of 581 shares.

Dai Nippon Printing Stock Performance

The stock has a 50 day simple moving average of $8.87 and a 200 day simple moving average of $9.17. The company has a current ratio of 2.26, a quick ratio of 1.82 and a debt-to-equity ratio of 0.18. The stock has a market cap of $8.53 billion, a P/E ratio of 12.13 and a beta of 0.50.

Dai Nippon Printing (OTCMKTS:DNPLY) last released its earnings results on Wednesday, May 13th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. Dai Nippon Printing had a return on equity of 8.49% and a net margin of 6.94%.The firm had revenue of $2.43 billion during the quarter, compared to the consensus estimate of $2.44 billion.

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.