Daily Journal (NASDAQ:DJCO) Share Price Crosses Above Two Hundred Day Moving Average of $324.45

Shares of Daily Journal Co. (NASDAQ:DJCO) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $324.45 and traded as high as $331.94. Daily Journal shares last traded at $331.94, with a volume of 929 shares trading hands.

The company has a quick ratio of 14.00, a current ratio of 14.00 and a debt-to-equity ratio of 0.13. The firm has a market cap of $464.85 million, a price-to-earnings ratio of 3.18 and a beta of 0.75. The business has a 50 day moving average price of $326.92 and a 200-day moving average price of $324.53.

Daily Journal (NASDAQ:DJCO) last issued its quarterly earnings results on Thursday, August 12th. The company reported ($1.03) EPS for the quarter. The business had revenue of $13.56 million during the quarter. Daily Journal had a net margin of 286.74% and a negative return on equity of 4.87%.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. RWWM Inc. boosted its holdings in Daily Journal by 2.5% in the second quarter. RWWM Inc. now owns 252,226 shares of the company’s stock valued at $85,379,000 after purchasing an additional 6,156 shares during the last quarter. BlackRock Inc. boosted its holdings in Daily Journal by 0.3% in the first quarter. BlackRock Inc. now owns 77,032 shares of the company’s stock valued at $24,378,000 after purchasing an additional 267 shares during the last quarter. State Street Corp boosted its holdings in Daily Journal by 3.1% in the second quarter. State Street Corp now owns 19,973 shares of the company’s stock valued at $6,761,000 after purchasing an additional 595 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Daily Journal by 2.7% in the second quarter. Geode Capital Management LLC now owns 18,183 shares of the company’s stock valued at $6,154,000 after purchasing an additional 486 shares during the last quarter. Finally, Aquamarine Capital Management LLC bought a new position in Daily Journal during the 2nd quarter worth approximately $3,893,000. 40.31% of the stock is owned by hedge funds and other institutional investors.

Daily Journal Company Profile (NASDAQ:DJCO)

Daily Journal Corp. engages in the publication of newspapers and websites covering California and Arizona. It operates through the Traditional Business and Journal Technologies segments. The Traditional Business segment publishes newspapers of general circulation. The Journal Technologies segment provides case management software and related services to courts and other justice agencies.

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