Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Posts Earnings Results

Daily Journal Corp. (S.C.) (NASDAQ:DJCOGet Free Report) issued its earnings results on Thursday. The company reported ($25.14) EPS for the quarter, Zacks reports. Daily Journal Corp. (S.C.) had a return on equity of 3.73% and a net margin of 14.83%.The company had revenue of $22.72 million for the quarter.

Daily Journal Corp. (S.C.) Stock Performance

NASDAQ DJCO traded down $11.40 during trading hours on Friday, reaching $462.61. The stock had a trading volume of 25,293 shares, compared to its average volume of 32,884. The stock has a market cap of $637.48 million, a P/E ratio of 45.58 and a beta of 0.89. The stock has a fifty day moving average of $508.14 and a 200 day moving average of $508.66. Daily Journal Corp. has a 52-week low of $348.63 and a 52-week high of $674.75. The company has a debt-to-equity ratio of 0.05, a quick ratio of 16.31 and a current ratio of 16.31.

Institutional Investors Weigh In On Daily Journal Corp. (S.C.)

A number of hedge funds and other institutional investors have recently made changes to their positions in DJCO. Advisory Services Network LLC acquired a new stake in shares of Daily Journal Corp. (S.C.) in the third quarter worth approximately $36,000. Parallel Advisors LLC grew its position in shares of Daily Journal Corp. (S.C.) by 178.9% in the fourth quarter. Parallel Advisors LLC now owns 106 shares of the company’s stock valued at $52,000 after purchasing an additional 68 shares in the last quarter. Intech Investment Management LLC purchased a new position in shares of Daily Journal Corp. (S.C.) during the 4th quarter worth $202,000. State Board of Administration of Florida Retirement System purchased a new stake in shares of Daily Journal Corp. (S.C.) during the 4th quarter valued at approximately $212,000. Finally, Graham Capital Management L.P. purchased a new stake in Daily Journal Corp. (S.C.) in the fourth quarter valued at $224,000. Institutional investors and hedge funds own 51.23% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on DJCO shares. Wall Street Zen cut shares of Daily Journal Corp. (S.C.) from a “hold” rating to a “sell” rating in a research report on Saturday, February 21st. Weiss Ratings restated a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a research note on Wednesday, January 21st. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Read Our Latest Report on Daily Journal Corp. (S.C.)

About Daily Journal Corp. (S.C.)

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Daily Journal Corporation (NASDAQ: DJCO) is a diversified media and technology company headquartered in Los Angeles, California. The company operates in two primary segments: legal publishing and software solutions. Its publishing arm produces the Los Angeles Daily Journal and the San Francisco Daily Journal, which provide daily coverage of legal news, court decisions, opinion pieces and public notices to attorneys, judges and legal professionals across California.

In addition to its flagship newspapers, Daily Journal Corp.

See Also

Earnings History for Daily Journal Corp. (S.C.) (NASDAQ:DJCO)

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