Daily Journal Co. (NASDAQ:DJCO - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 33,340 shares changed hands during mid-day trading, an increase of 96% from the previous session's volume of 16,970 shares.The stock last traded at $415.13 and had previously closed at $421.43.
Daily Journal Stock Performance
The company has a current ratio of 12.31, a quick ratio of 10.26 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $590.03 million, a price-to-earnings ratio of 7.72 and a beta of 0.81. The company has a 50-day moving average of $395.17 and a 200-day moving average of $452.32.
Daily Journal (NASDAQ:DJCO - Get Free Report) last posted its quarterly earnings results on Tuesday, May 20th. The company reported $32.43 earnings per share (EPS) for the quarter. The business had revenue of $18.18 million for the quarter. Daily Journal had a return on equity of 20.64% and a net margin of 106.63%.
Institutional Investors Weigh In On Daily Journal
Several institutional investors and hedge funds have recently made changes to their positions in the company. Rhumbline Advisers increased its position in Daily Journal by 1.7% in the first quarter. Rhumbline Advisers now owns 2,062 shares of the company's stock worth $820,000 after buying an additional 34 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Daily Journal by 4.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 788 shares of the company's stock worth $448,000 after buying an additional 35 shares during the period. SG Americas Securities LLC increased its position in Daily Journal by 8.4% in the fourth quarter. SG Americas Securities LLC now owns 541 shares of the company's stock worth $307,000 after buying an additional 42 shares during the period. New Age Alpha Advisors LLC acquired a new stake in Daily Journal in the fourth quarter worth $37,000. Finally, Invesco Ltd. increased its position in Daily Journal by 9.5% in the fourth quarter. Invesco Ltd. now owns 807 shares of the company's stock worth $458,000 after buying an additional 70 shares during the period. 51.23% of the stock is owned by institutional investors and hedge funds.
Daily Journal Company Profile
(
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.
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