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

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) announced its quarterly earnings data on Thursday. The company reported ($25.14) earnings per share (EPS) for the quarter, Zacks reports. Daily Journal Corp. (S.C.) had a return on equity of 25.60% and a net margin of 104.17%.

Daily Journal Corp. (S.C.) Stock Up 0.5%

NASDAQ DJCO traded up $2.49 during trading on Thursday, hitting $474.01. 15,252 shares of the company traded hands, compared to its average volume of 34,564. Daily Journal Corp. has a 12 month low of $348.63 and a 12 month high of $674.75. The business has a fifty day simple moving average of $509.77 and a 200 day simple moving average of $508.99. The company has a current ratio of 16.31, a quick ratio of 16.31 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $654.13 million, a P/E ratio of 7.00 and a beta of 0.89.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Wall Street Zen lowered Daily Journal Corp. (S.C.) from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Daily Journal Corp. (S.C.) currently has a consensus rating of “Hold”.

Hedge Funds Weigh In On Daily Journal Corp. (S.C.)

Institutional investors have recently bought and sold shares of the stock. Advisory Services Network LLC bought a new position in Daily Journal Corp. (S.C.) during the third quarter valued at about $36,000. Parallel Advisors LLC raised its holdings in Daily Journal Corp. (S.C.) by 178.9% during the fourth quarter. Parallel Advisors LLC now owns 106 shares of the company’s stock valued at $52,000 after buying an additional 68 shares in the last quarter. Intech Investment Management LLC bought a new position in Daily Journal Corp. (S.C.) during the fourth quarter valued at about $202,000. State Board of Administration of Florida Retirement System bought a new position in Daily Journal Corp. (S.C.) during the fourth quarter valued at about $212,000. Finally, Graham Capital Management L.P. bought a new position in Daily Journal Corp. (S.C.) during the fourth quarter valued at about $224,000. 51.23% of the stock is currently owned by institutional investors.

Daily Journal Corp. (S.C.) Company Profile

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.