Shares of Daily Journal Co. (NASDAQ:DJCO - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 46,111 shares changed hands during mid-day trading, an increase of 186% from the previous session's volume of 16,133 shares.The stock last traded at $435.77 and had previously closed at $412.42.
Daily Journal Price Performance
The company has a market cap of $588.94 million, a P/E ratio of 7.69 and a beta of 0.81. The company has a fifty day moving average price of $392.18 and a two-hundred day moving average price of $457.85. The company has a debt-to-equity ratio of 0.10, a quick ratio of 10.26 and a current ratio of 12.31.
Daily Journal (NASDAQ:DJCO - Get Free Report) last announced its quarterly earnings data on Tuesday, May 20th. The company reported $32.43 earnings per share for the quarter. Daily Journal had a return on equity of 20.64% and a net margin of 106.63%. The company had revenue of $18.18 million during the quarter.
Institutional Investors Weigh In On Daily Journal
Hedge funds have recently bought and sold shares of the company. Angeles Wealth Management LLC acquired a new stake in Daily Journal in the 4th quarter valued at about $650,000. Raymond James Financial Inc. acquired a new stake in Daily Journal in the 4th quarter valued at about $372,000. Charles Schwab Investment Management Inc. lifted its stake in Daily Journal by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,786 shares of the company's stock valued at $4,990,000 after purchasing an additional 164 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Daily Journal by 16.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 7,998 shares of the company's stock valued at $4,543,000 after purchasing an additional 1,131 shares during the last quarter. Finally, Principal Financial Group Inc. lifted its stake in Daily Journal by 12.7% in the 4th quarter. Principal Financial Group Inc. now owns 710 shares of the company's stock valued at $403,000 after purchasing an additional 80 shares during the last quarter. 51.23% of the stock is currently owned by institutional investors and hedge funds.
About Daily Journal
(
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.
Read More
Before you consider Daily Journal, 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 wasn't on the list.
While Daily Journal currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
