Daily Journal Co. (NASDAQ:DJCO - Get Free Report) shares were down 6.5% during trading on Monday . The company traded as low as $391.43 and last traded at $383.53. Approximately 9,731 shares changed hands during mid-day trading, a decline of 72% from the average daily volume of 34,584 shares. The stock had previously closed at $410.10.
Daily Journal Trading Up 2.0 %
The company has a current ratio of 10.26, a quick ratio of 10.26 and a debt-to-equity ratio of 0.10. The business has a 50 day simple moving average of $529.34 and a two-hundred day simple moving average of $502.92. The stock has a market cap of $572.26 million, a price-to-earnings ratio of 7.31 and a beta of 0.91.
Daily Journal (NASDAQ:DJCO - Get Free Report) last issued its quarterly earnings results on Monday, December 30th. The company reported $19.41 earnings per share (EPS) for the quarter. Daily Journal had a net margin of 111.70% and a return on equity of 22.98%.
Institutional Investors Weigh In On Daily Journal
A number of institutional investors have recently modified their holdings of DJCO. AQR Capital Management LLC bought a new position in shares of Daily Journal during the second quarter valued at approximately $519,000. The Manufacturers Life Insurance Company acquired a new position in shares of Daily Journal during the 2nd quarter valued at $210,000. SG Americas Securities LLC acquired a new stake in shares of Daily Journal in the third quarter valued at $245,000. Principal Financial Group Inc. bought a new position in Daily Journal during the third quarter valued at about $309,000. Finally, Charles Schwab Investment Management Inc. grew its holdings 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 worth $4,226,000 after acquiring an additional 4,924 shares during the period. Institutional investors own 51.23% of the company's stock.
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.
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