Daily Journal (DJCO) Stock Rating Upgraded by BidaskClub
BidaskClub upgraded shares of Daily Journal (NASDAQ:DJCO) from a sell rating to a hold rating in a research report report published on Monday morning.
Separately, TheStreet raised shares of Daily Journal from a d+ rating to a c- rating in a research note on Tuesday, October 10th.
Daily Journal (NASDAQ:DJCO) opened at $225.00 on Monday. The company has a quick ratio of 2.72, a current ratio of 2.72 and a debt-to-equity ratio of 0.20. Daily Journal has a 12 month low of $195.00 and a 12 month high of $250.95.
In other Daily Journal news, Director John Patrick Et Al Guerin sold 701 shares of the firm’s stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $237.01, for a total value of $166,144.01. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold a total of 2,015 shares of company stock worth $476,620 over the last three months. Corporate insiders own 20.40% of the company’s stock.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in DJCO. Mraz Amerine & Associates Inc. purchased a new position in Daily Journal in the 4th quarter worth approximately $205,000. SG Americas Securities LLC purchased a new position in Daily Journal in the 4th quarter worth approximately $211,000. The Manufacturers Life Insurance Company raised its position in shares of Daily Journal by 12.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,051 shares of the company’s stock valued at $217,000 after buying an additional 116 shares during the period. Wells Fargo & Company MN raised its position in shares of Daily Journal by 0.4% during the 2nd quarter. Wells Fargo & Company MN now owns 1,666 shares of the company’s stock valued at $337,000 after buying an additional 7 shares during the period. Finally, Teachers Advisors LLC raised its position in shares of Daily Journal by 1.3% during the 2nd quarter. Teachers Advisors LLC now owns 1,820 shares of the company’s stock valued at $375,000 after buying an additional 23 shares during the period. 37.79% of the stock is currently owned by institutional investors and hedge funds.
Daily Journal Company Profile
Daily Journal Corporation publishes newspapers and Websites covering California and Arizona, and produces various specialized information services. The Company also serves as a newspaper representative specializing in public notice advertising. It operates through two segments: Traditional Business and Journal Technologies.
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