Daily Journal Co. (NASDAQ:DJCO - Get Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $500.82 and traded as low as $420.12. Daily Journal shares last traded at $433.53, with a volume of 38,064 shares traded.
Daily Journal Trading Down 2.8 %
The stock has a market cap of $561.44 million, a price-to-earnings ratio of 7.33 and a beta of 0.90. The firm's 50 day moving average is $494.21 and its two-hundred day moving average is $499.96. The company has a quick ratio of 10.26, a current ratio of 10.26 and a debt-to-equity ratio of 0.10.
Daily Journal (NASDAQ:DJCO - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $7.91 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 21.39%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its holdings in shares of Daily Journal by 10.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 37,779 shares of the company's stock valued at $21,457,000 after acquiring an additional 3,635 shares in the last quarter. State Street Corp boosted its holdings in Daily Journal by 18.3% during the third quarter. State Street Corp now owns 32,968 shares of the company's stock worth $16,158,000 after buying an additional 5,092 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Daily Journal by 1.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 8,786 shares of the company's stock worth $4,990,000 after buying an additional 164 shares in the last quarter. Bank of America Corp DE boosted its holdings in Daily Journal by 5.1% during the fourth quarter. Bank of America Corp DE now owns 8,120 shares of the company's stock worth $4,612,000 after buying an additional 391 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Daily Journal by 16.5% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 7,998 shares of the company's stock worth $4,543,000 after buying an additional 1,131 shares in the last quarter. 51.23% of the stock is currently owned by institutional investors.
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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