Shares of Daily Journal Co. (NASDAQ:DJCO - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $377.40, but opened at $363.31. Daily Journal shares last traded at $363.31, with a volume of 2,676 shares.
Daily Journal Stock Performance
The company has a debt-to-equity ratio of 0.10, a current ratio of 12.31 and a quick ratio of 10.26. The firm has a market capitalization of $524.71 million, a PE ratio of 6.87 and a beta of 0.89. The stock has a 50-day moving average price of $389.15 and a 200-day moving average price of $472.72.
Daily Journal (NASDAQ:DJCO - Get Free Report) last released its earnings results on Tuesday, February 18th. The company reported $7.91 earnings per share for the quarter. Daily Journal had a net margin of 106.63% and a return on equity of 20.64%. The company had revenue of $17.70 million during the quarter.
Hedge Funds Weigh In On Daily Journal
A number of hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC raised its position in shares of Daily Journal by 114,237.5% during the 1st quarter. GAMMA Investing LLC now owns 9,147 shares of the company's stock worth $3,638,000 after purchasing an additional 9,139 shares during the period. RWWM Inc. increased its stake in Daily Journal by 2.7% during the 1st quarter. RWWM Inc. now owns 325,419 shares of the company's stock valued at $129,432,000 after buying an additional 8,705 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Daily Journal during the 3rd quarter worth about $3,137,000. Dimensional Fund Advisors LP lifted its stake in shares of Daily Journal by 10.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 37,779 shares of the company's stock worth $21,457,000 after acquiring an additional 3,635 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Daily Journal by 341.4% in the third quarter. JPMorgan Chase & Co. now owns 2,966 shares of the company's stock valued at $1,454,000 after acquiring an additional 2,294 shares in the last quarter. Institutional investors and hedge funds own 51.23% of the company's stock.
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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