Daily Journal Co. (NASDAQ:DJCO) CEO Gerald L. Salzman sold 113 shares of the firm’s stock in a transaction dated Friday, October 23rd. The stock was sold at an average price of $280.00, for a total value of $31,640.00. Following the transaction, the chief executive officer now owns 15,787 shares in the company, valued at approximately $4,420,360. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of DJCO opened at $273.85 on Thursday. Daily Journal Co. has a 1 year low of $187.53 and a 1 year high of $317.01. The company has a current ratio of 5.96, a quick ratio of 5.96 and a debt-to-equity ratio of 0.29. The stock has a market cap of $377.91 million, a P/E ratio of -9.37 and a beta of 0.76. The stock’s 50-day moving average price is $256.98 and its two-hundred day moving average price is $271.07.
Daily Journal (NASDAQ:DJCO) last released its quarterly earnings data on Friday, August 7th. The company reported $0.91 earnings per share for the quarter. Daily Journal had a positive return on equity of 3.61% and a negative net margin of 80.75%. The business had revenue of $12.87 million for the quarter.
A number of brokerages have issued reports on DJCO. TheStreet upgraded Daily Journal from a “d+” rating to a “c+” rating in a report on Friday, August 7th. BidaskClub upgraded Daily Journal from a “sell” rating to a “hold” rating in a report on Tuesday, October 20th.
About Daily Journal
Daily Journal Corporation publishes newspapers and Websites covering in California, Arizona, Colorado, and Utah. 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, The Daily Transcript, Business Journal, and The Record Reporter.
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