Daily Journal Co. (NASDAQ:DJCO - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $394.50, but opened at $385.52. Daily Journal shares last traded at $392.22, with a volume of 11,162 shares traded.
Daily Journal Price Performance
The firm has a market cap of $523.52 million, a P/E ratio of 6.85 and a beta of 0.90. The stock's 50-day simple moving average is $401.87 and its two-hundred day simple moving average is $485.10. The company has a debt-to-equity ratio of 0.10, a current ratio of 12.31 and a quick ratio of 10.26.
Daily Journal (NASDAQ:DJCO - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported $7.91 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 $17.70 million during the quarter.
Institutional Trading of Daily Journal
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in shares of Daily Journal in the third quarter worth about $3,137,000. State Street Corp raised its position in Daily Journal by 18.3% in the third quarter. State Street Corp now owns 32,968 shares of the company's stock valued at $16,158,000 after purchasing an additional 5,092 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Daily Journal by 133.2% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 8,622 shares of the company's stock valued at $4,226,000 after buying an additional 4,924 shares during the period. Dimensional Fund Advisors LP increased its holdings in Daily Journal by 10.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 37,779 shares of the company's stock valued at $21,457,000 after purchasing an additional 3,635 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake 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 buying 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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