Daily Journal Co. (NASDAQ:DJCO - Get Free Report)'s stock price gapped down before the market opened 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 trading hands.
Daily Journal Stock Performance
The company has a quick ratio of 10.26, a current ratio of 12.31 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $517.37 million, a price-to-earnings ratio of 6.75 and a beta of 0.89. The stock has a fifty day moving average price of $391.37 and a two-hundred day moving average price of $473.90.
Daily Journal (NASDAQ:DJCO - Get Free Report) last released its quarterly earnings results on Tuesday, February 18th. The company reported $7.91 earnings per share (EPS) for the quarter. The company had revenue of $17.70 million for the quarter. Daily Journal had a net margin of 106.63% and a return on equity of 20.64%.
Institutional Trading of Daily Journal
A number of hedge funds have recently added to or reduced their stakes in DJCO. Barclays PLC grew its holdings in Daily Journal by 343.1% in the third quarter. Barclays PLC now owns 2,233 shares of the company's stock valued at $1,094,000 after purchasing an additional 1,729 shares during the period. Angeles Wealth Management LLC acquired a new stake in shares of Daily Journal during the 4th quarter worth $650,000. JPMorgan Chase & Co. boosted its holdings in 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 during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Daily Journal in the 4th quarter worth about $372,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Daily Journal by 1.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,786 shares of the company's stock valued at $4,990,000 after acquiring an additional 164 shares in the last quarter. 51.23% of the stock is owned by institutional investors and hedge funds.
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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