Free Trial

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Sees Strong Trading Volume - Still a Buy?

Daily Journal Corp. (S.C.) logo with Consumer Staples background

Shares of Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Get Free Report) saw strong trading volume on Tuesday . 37,715 shares were traded during mid-day trading, an increase of 57% from the previous session's volume of 24,011 shares.The stock last traded at $405.71 and had previously closed at $399.09.

Daily Journal Corp. (S.C.) Stock Performance

The firm has a market cap of $538.63 million, a P/E ratio of 5.10 and a beta of 0.83. The stock's 50 day moving average is $410.90 and its two-hundred day moving average is $423.86. The company has a debt-to-equity ratio of 0.08, a current ratio of 15.14 and a quick ratio of 15.14.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Get Free Report) last posted its earnings results on Tuesday, May 20th. The company reported $32.43 earnings per share for the quarter. The business had revenue of $18.18 million for the quarter. Daily Journal Corp. (S.C.) had a net margin of 144.24% and a return on equity of 28.88%.

Institutional Trading of Daily Journal Corp. (S.C.)

Several large investors have recently added to or reduced their stakes in DJCO. Charles Schwab Investment Management Inc. grew its stake in Daily Journal Corp. (S.C.) by 1.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,786 shares of the company's stock worth $4,990,000 after buying an additional 164 shares during the last quarter. Arizona State Retirement System bought a new stake in Daily Journal Corp. (S.C.) during the fourth quarter worth about $215,000. Raymond James Financial Inc. bought a new stake in Daily Journal Corp. (S.C.) during the fourth quarter worth about $372,000. Intech Investment Management LLC bought a new stake in Daily Journal Corp. (S.C.) during the fourth quarter worth about $254,000. Finally, Quantbot Technologies LP bought a new stake in Daily Journal Corp. (S.C.) during the fourth quarter worth about $318,000. 51.23% of the stock is owned by institutional investors.

About Daily Journal Corp. (S.C.)

(Get Free Report)

Daily Journal Corporation operates in publishing of newspapers and websites covering in California, Arizona, Utah, and Australia. It operates in two segments, Traditional Business and Journal Technologies. The company publishes 10 newspapers of general circulation, including Los Angeles Daily Journal, San Francisco Daily Journal, Daily Commerce, The Daily Recorder, The Inter-City Express, San Jose Post-Record, Orange County Reporter, Business Journal, The Daily Transcript, and The Record Reporter.

Featured Articles

Should You Invest $1,000 in Daily Journal Corp. (S.C.) Right Now?

Before you consider Daily Journal Corp. (S.C.), you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Daily Journal Corp. (S.C.) wasn't on the list.

While Daily Journal Corp. (S.C.) currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

ACT FAST! Congress is Dumping these 3 Stocks
3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines