Daily Journal Co. (NASDAQ:DJCO - Get Free Report) shares saw an uptick in trading volume on Tuesday . 30,287 shares changed hands during trading, an increase of 50% from the previous session's volume of 20,132 shares.The stock last traded at $394.64 and had previously closed at $396.82.
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 $540.17 million, a P/E ratio of 7.08 and a beta of 0.84. The company has a 50-day moving average of $400.06 and a 200-day moving average of $441.96.
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. Daily Journal had a net margin of 106.63% and a return on equity of 20.64%. The business had revenue of $18.18 million during the quarter.
Institutional Investors Weigh In On Daily Journal
A number of institutional investors and hedge funds have recently bought and sold shares of DJCO. Rhumbline Advisers boosted its holdings in shares of Daily Journal by 1.7% in the 1st quarter. Rhumbline Advisers now owns 2,062 shares of the company's stock worth $820,000 after buying an additional 34 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Daily Journal by 4.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 788 shares of the company's stock worth $448,000 after acquiring an additional 35 shares in the last quarter. New Age Alpha Advisors LLC bought a new stake in shares of Daily Journal during the 4th quarter valued at about $37,000. Invesco Ltd. boosted its stake 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 in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of Daily Journal by 12.7% during 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 owned by hedge funds and other institutional investors.
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.
Further Reading
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