Daily Journal (NASDAQ:DJCO) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Daily Journal (NASDAQ:DJCO – Get Rating) in a report published on Thursday morning. The firm issued a hold rating on the stock.

Separately, TheStreet upgraded Daily Journal from a d+ rating to a c rating in a research report on Tuesday, February 14th.

Daily Journal Stock Performance

Shares of DJCO opened at $274.09 on Thursday. The company has a market cap of $378.24 million, a PE ratio of -5.85 and a beta of 0.84. The company has a current ratio of 10.76, a quick ratio of 10.75 and a debt-to-equity ratio of 0.42. The stock has a 50-day moving average price of $293.59 and a 200-day moving average price of $277.18. Daily Journal has a 12-month low of $236.01 and a 12-month high of $316.05.

Daily Journal (NASDAQ:DJCO – Get Rating) last issued its quarterly earnings results on Friday, December 16th. The company reported $5.49 earnings per share (EPS) for the quarter. The firm had revenue of $19.21 million during the quarter. Daily Journal had a positive return on equity of 5.26% and a negative net margin of 118.06%.

Institutional Trading of Daily Journal

A number of hedge funds have recently bought and sold shares of DJCO. Aquamarine Zurich AG bought a new stake in Daily Journal in the 3rd quarter worth approximately $2,948,000. RWWM Inc. increased its stake in Daily Journal by 3.6% in the 4th quarter. RWWM Inc. now owns 298,426 shares of the company’s stock worth $74,759,000 after purchasing an additional 10,392 shares during the period. Cerity Partners LLC purchased a new position in Daily Journal in the 4th quarter worth approximately $1,216,000. Dimensional Fund Advisors LP increased its stake in Daily Journal by 17.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 12,164 shares of the company’s stock worth $3,795,000 after purchasing an additional 1,840 shares during the period. Finally, Brown Advisory Inc. purchased a new position in Daily Journal in the 4th quarter worth approximately $401,000. Institutional investors own 44.46% of the company’s stock.

Daily Journal Company Profile

(Get Rating)

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.