Wall Street Zen Upgrades Daily Journal Corp. (S.C.) (NASDAQ:DJCO) to “Hold”

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

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

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

Shares of NASDAQ:DJCO opened at $599.83 on Friday. The company has a market capitalization of $827.77 million, a P/E ratio of -72.97 and a beta of 0.84. Daily Journal Corp. has a 1 year low of $348.63 and a 1 year high of $674.75. The company has a debt-to-equity ratio of 0.06, a current ratio of 11.65 and a quick ratio of 11.65. The business’s 50 day simple moving average is $578.00 and its 200 day simple moving average is $536.32.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last posted its quarterly earnings data on Wednesday, August 12th. The company reported ($7.90) EPS 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

Hedge funds have recently added to or reduced their stakes in the company. Advisory Services Network LLC bought a new stake in Daily Journal Corp. (S.C.) during the third quarter worth $36,000. Quantbot Technologies LP acquired a new stake in shares of Daily Journal Corp. (S.C.) in the 2nd quarter valued at $58,000. Strs Ohio acquired a new stake in shares of Daily Journal Corp. (S.C.) in the 4th quarter valued at $49,000. Parallel Advisors LLC increased its stake in shares of Daily Journal Corp. (S.C.) by 178.9% in the 4th quarter. Parallel Advisors LLC now owns 106 shares of the company’s stock valued at $52,000 after purchasing an additional 68 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of Daily Journal Corp. (S.C.) in the 4th quarter valued at $55,000. 51.23% of the stock is owned by 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.