Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Stock Rating Lowered by Wall Street Zen

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings cut shares of Daily Journal Corp. (S.C.) from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, August 14th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Daily Journal Corp. (S.C.) Price Performance

Shares of NASDAQ:DJCO opened at $661.90 on Friday. The firm has a market cap of $913.42 million, a P/E ratio of -80.52 and a beta of 0.85. The company has a quick ratio of 11.65, a current ratio of 11.65 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 business has a fifty day simple moving average of $598.57 and a 200 day simple moving average of $546.28.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last released its quarterly earnings results on Wednesday, August 12th. The company reported ($7.90) earnings per share (EPS) for the quarter. The firm had revenue of $26.98 million for the quarter. Daily Journal Corp. (S.C.) had a negative return on equity of 3.11% and a negative net margin of 11.63%.

Institutional Investors Weigh In On Daily Journal Corp. (S.C.)

Several institutional investors and hedge funds have recently added to or reduced their stakes in DJCO. Advisory Services Network LLC purchased a new position in shares of Daily Journal Corp. (S.C.) in the 3rd quarter worth approximately $36,000. Quantbot Technologies LP bought a new position in shares of Daily Journal Corp. (S.C.) in the second quarter valued at approximately $58,000. Parallel Advisors LLC increased its position in shares of 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 acquiring an additional 68 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Daily Journal Corp. (S.C.) during the fourth quarter valued at approximately $55,000. Finally, Rockefeller Capital Management L.P. bought a new stake in Daily Journal Corp. (S.C.) during the fourth quarter worth $75,000. Hedge funds and other institutional investors own 51.23% of the company’s stock.

About Daily Journal Corp. (S.C.)

Daily Journal Corp. (S.C.) is a diversified information-services company that operates through newspaper publishing and software businesses. Its publications focus primarily on legal, business, and public-sector news and information, with operations historically centered in California and Arizona.

The company publishes the Los Angeles Daily Journal and the San Francisco Daily Journal, which provide legal and business news, court coverage, public notices, and related information services.