Daily Journal Co. (NASDAQ:DJCO - Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 38,453 shares traded hands during mid-day trading, an increase of 240% from the previous session's volume of 11,320 shares.The stock last traded at $567.05 and had previously closed at $558.10.
Daily Journal Price Performance
The stock has a 50 day moving average of $552.67 and a 200-day moving average of $485.41. The company has a debt-to-equity ratio of 0.11, a quick ratio of 8.58 and a current ratio of 8.58. The company has a market cap of $765.68 million, a PE ratio of 17.06 and a beta of 0.94.
Institutional Investors Weigh In On Daily Journal
Institutional investors and hedge funds have recently modified their holdings of the company. AltraVue Capital LLC increased its holdings in Daily Journal by 195.8% in the 2nd quarter. AltraVue Capital LLC now owns 34,826 shares of the company's stock worth $13,738,000 after buying an additional 23,052 shares during the period. State Street Corp increased its stake in shares of Daily Journal by 18.3% in the third quarter. State Street Corp now owns 32,968 shares of the company's stock worth $16,158,000 after acquiring an additional 5,092 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Daily Journal by 22.9% during the second quarter. Dimensional Fund Advisors LP now owns 29,040 shares of the company's stock worth $11,455,000 after purchasing an additional 5,413 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Daily Journal by 133.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 8,622 shares of the company's stock valued at $4,226,000 after purchasing an additional 4,924 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Daily Journal in the third quarter valued at $3,137,000. 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.
Further Reading
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
Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
