Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Daily Journal Corp. (S.C.) (NASDAQ:DJCO) from a sell rating to a hold rating in a research report report published on Saturday.

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

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

Shares of DJCO stock opened at $607.26 on Friday. The company has a market cap of $838.02 million, a P/E ratio of -73.88 and a beta of 0.84. The business has a 50 day moving average of $579.02 and a two-hundred day moving average of $536.55. Daily Journal Corp. has a 52 week low of $348.63 and a 52 week high of $674.75. 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. (S.C.) (NASDAQ:DJCO) last announced its quarterly earnings results on Wednesday, August 12th. The company reported ($7.90) earnings per share for the quarter. The company 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 Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Advisory Services Network LLC acquired a new stake in shares of Daily Journal Corp. (S.C.) in the third quarter valued at approximately $36,000. Strs Ohio acquired a new position in shares of Daily Journal Corp. (S.C.) during the fourth quarter worth approximately $49,000. Parallel Advisors LLC grew its holdings in Daily Journal Corp. (S.C.) by 178.9% in the 4th quarter. Parallel Advisors LLC now owns 106 shares of the company’s stock worth $52,000 after buying an additional 68 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Daily Journal Corp. (S.C.) in the 4th quarter worth approximately $55,000. Finally, Quantbot Technologies LP bought a new position in Daily Journal Corp. (S.C.) in the 2nd quarter worth approximately $58,000. Institutional investors own 51.23% of the company’s stock.

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.