Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Sets New 12-Month High – Should You Buy?

Daily Journal Corp. (S.C.) (NASDAQ:DJCO)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $575.00 and last traded at $568.7250, with a volume of 83760 shares trading hands. The stock had previously closed at $553.91.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has a consensus rating of “Hold”.

Daily Journal Corp. (S.C.) Stock Up 4.5%

The firm’s 50 day simple moving average is $468.51 and its 200-day simple moving average is $443.15. The company has a debt-to-equity ratio of 0.06, a current ratio of 13.89 and a quick ratio of 13.89. The company has a market cap of $839.79 million, a price-to-earnings ratio of 7.47 and a beta of 0.82.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last posted its earnings results on Monday, December 29th. The company reported $30.61 EPS for the quarter. The business had revenue of $28.41 million for the quarter. Daily Journal Corp. (S.C.) had a return on equity of 32.88% and a net margin of 127.86%.

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

A number of hedge funds have recently modified their holdings of the business. Strs Ohio acquired a new stake in shares of Daily Journal Corp. (S.C.) during the first quarter worth about $278,000. Everett Harris & Co. CA increased its position in Daily Journal Corp. (S.C.) by 125.1% in the 2nd quarter. Everett Harris & Co. CA now owns 2,339 shares of the company’s stock valued at $988,000 after acquiring an additional 1,300 shares during the period. RWWM Inc. raised its stake in Daily Journal Corp. (S.C.) by 2.9% during the 2nd quarter. RWWM Inc. now owns 334,902 shares of the company’s stock valued at $141,412,000 after acquiring an additional 9,483 shares during the last quarter. Los Angeles Capital Management LLC purchased a new stake in Daily Journal Corp. (S.C.) during the 2nd quarter valued at approximately $426,000. Finally, Pacer Advisors Inc. acquired a new stake in Daily Journal Corp. (S.C.) during the 3rd quarter worth approximately $605,000. 51.23% of the stock is currently owned by hedge funds and other institutional investors.

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.