Dai Nippon Printing (OTCMKTS:DNPLY) Shares Gap Down – Time to Sell?

Dai Nippon Printing Co. (OTCMKTS:DNPLY) gapped down before the market opened on Tuesday . The stock had previously closed at $9.18, but opened at $8.7450. Dai Nippon Printing shares last traded at $8.7450, with a volume of 447 shares.

Wall Street Analyst Weigh In

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

Dai Nippon Printing Stock Down 2.4%

The company has a current ratio of 2.23, a quick ratio of 1.77 and a debt-to-equity ratio of 0.18. The firm has a market cap of $7.50 billion, a price-to-earnings ratio of 10.67 and a beta of 0.54. The firm’s 50 day simple moving average is $9.36 and its two-hundred day simple moving average is $9.10.

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

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.