Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Stock Price Down 4.4% - What's Next?

Key Points

• Daily Journal Corp. (S.C.) stock experienced a 4.4% decline, trading as low as $464.48 before closing at $458.80.
• The company reported a robust earnings per share (EPS) of $10.47 for the last quarter, boasting a return on equity of 30.90% and a net margin of 122.18%.
• Institutional investors hold over 51% of the company's stock, with several increasing their stakes in recent months.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Get Free Report)'s share price fell 4.4% during trading on Thursday . The stock traded as low as $464.48 and last traded at $458.80. 88,841 shares were traded during trading, an increase of 128% from the average session volume of 38,992 shares. The stock had previously closed at $479.96.

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

The company has a quick ratio of 12.41, a current ratio of 12.42 and a debt-to-equity ratio of 0.07. The firm has a fifty day moving average price of $430.42 and a two-hundred day moving average price of $409.91. The stock has a market capitalization of $600.37 million, a P/E ratio of 6.20 and a beta of 0.87.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Get Free Report) last issued its quarterly earnings results on Thursday, August 14th. The company reported $10.47 earnings per share for the quarter. Daily Journal Corp. (S.C.) had a return on equity of 30.90% and a net margin of 122.18%.The firm had revenue of $23.41 million during the quarter.

Institutional Investors Weigh In On Daily Journal Corp. (S.C.)

Large investors have recently bought and sold shares of the business. AlphaQuest LLC bought a new stake in shares of Daily Journal Corp. (S.C.) during the 1st quarter valued at about $110,000. Entropy Technologies LP bought a new stake in shares of Daily Journal Corp. (S.C.) during the 2nd quarter valued at about $211,000. ProShare Advisors LLC bought a new stake in shares of Daily Journal Corp. (S.C.) during the 4th quarter valued at about $222,000. Intech Investment Management LLC grew its stake in shares of Daily Journal Corp. (S.C.) by 11.9% during the 2nd quarter. Intech Investment Management LLC now owns 600 shares of the company's stock valued at $253,000 after purchasing an additional 64 shares during the period. Finally, Strs Ohio purchased a new position in shares of Daily Journal Corp. (S.C.) during the 1st quarter valued at about $278,000. 51.23% of the stock is currently owned by institutional investors.

Daily Journal Corp. (S.C.) Company Profile

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.