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

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) posted its quarterly earnings data on Tuesday. The company reported ($5.79) EPS for the quarter, FiscalAI reports. Daily Journal Corp. (S.C.) had a return on equity of 32.88% and a net margin of 127.86%.The business had revenue of $19.54 million during the quarter.

Daily Journal Corp. (S.C.) Trading Down 7.0%

Daily Journal Corp. (S.C.) stock opened at $476.93 on Wednesday. The business has a 50 day moving average price of $562.50 and a two-hundred day moving average price of $480.48. The company has a quick ratio of 13.89, a current ratio of 13.89 and a debt-to-equity ratio of 0.06. Daily Journal Corp. has a 12 month low of $348.63 and a 12 month high of $674.75. The stock has a market cap of $658.16 million, a price-to-earnings ratio of 5.86 and a beta of 0.79.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. State of Alaska Department of Revenue bought a new stake in Daily Journal Corp. (S.C.) in the 3rd quarter valued at $27,000. Advisory Services Network LLC bought a new position in shares of Daily Journal Corp. (S.C.) during the 3rd quarter worth about $36,000. Strs Ohio acquired a new stake in shares of Daily Journal Corp. (S.C.) during the 4th quarter valued at about $49,000. Parallel Advisors LLC increased its stake in 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 acquiring an additional 68 shares during the period. Finally, CWM LLC raised its position in Daily Journal Corp. (S.C.) by 208.7% in the fourth quarter. CWM LLC now owns 142 shares of the company’s stock worth $69,000 after purchasing an additional 96 shares in the last quarter. 51.23% of the stock is owned by institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

About Daily Journal Corp. (S.C.)

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.