Daily Journal Co. (NASDAQ:DJCO – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 53,600 shares, an increase of 5.5% from the September 30th total of 50,800 shares. Based on an average trading volume of 15,500 shares, the short-interest ratio is currently 3.5 days. Approximately 4.3% of the company’s shares are short sold.
Analyst Ratings Changes
Separately, StockNews.com raised Daily Journal from a “sell” rating to a “hold” rating in a report on Friday, August 23rd.
View Our Latest Analysis on Daily Journal
Institutional Investors Weigh In On Daily Journal
Daily Journal Trading Up 1.7 %
Shares of NASDAQ DJCO opened at $493.43 on Friday. The business’s 50 day moving average is $484.66 and its two-hundred day moving average is $426.46. The company has a debt-to-equity ratio of 0.11, a current ratio of 8.58 and a quick ratio of 8.58. Daily Journal has a 1-year low of $289.52 and a 1-year high of $512.49. The stock has a market capitalization of $680.93 million, a P/E ratio of 15.14 and a beta of 0.91.
Daily Journal (NASDAQ:DJCO – Get Free Report) last posted its earnings results on Wednesday, August 14th. The company reported $0.79 earnings per share for the quarter. Daily Journal had a return on equity of 15.90% and a net margin of 62.70%. The company had revenue of $17.49 million during the quarter.
Daily Journal Company Profile
Daily Journal Corporation operates in publishing of newspapers and websites covering in California, Arizona, Utah, and Australia. It operates in two segments, Traditional Business and Journal Technologies. The company publishes 10 newspapers of general circulation, including Los Angeles Daily Journal, San Francisco Daily Journal, Daily Commerce, The Daily Recorder, The Inter-City Express, San Jose Post-Record, Orange County Reporter, Business Journal, The Daily Transcript, and The Record Reporter.
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