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 report released on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings raised Daily Journal Corp. (S.C.) from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday. One investment analyst has rated the stock with a Hold rating. According to MarketBeat.com, Daily Journal Corp. (S.C.) currently has an average rating of “Hold”.

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

Shares of Daily Journal Corp. (S.C.) stock opened at $640.57 on Friday. The stock has a market cap of $883.99 million, a P/E ratio of -77.93 and a beta of 0.83. The company has a debt-to-equity ratio of 0.06, a quick ratio of 11.65 and a current ratio of 11.65. The stock’s fifty day moving average is $628.53 and its 200 day moving average is $568.06. Daily Journal Corp. has a one year low of $348.63 and a one year high of $692.50.

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. Daily Journal Corp. (S.C.) had a negative net margin of 11.63% and a negative return on equity of 3.11%. The company had revenue of $26.98 million for the quarter.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of DJCO. Engineers Gate Manager LP bought a new stake in Daily Journal Corp. (S.C.) during the 2nd quarter valued at approximately $583,000. Arizona State Retirement System purchased a new position in Daily Journal Corp. (S.C.) in the 2nd quarter worth approximately $217,000. Corient Private Wealth LP lifted its holdings in Daily Journal Corp. (S.C.) by 306.8% in the 2nd quarter. Corient Private Wealth LP now owns 4,243 shares of the company’s stock worth $2,551,000 after purchasing an additional 3,200 shares in the last quarter. Headlands Technologies LLC lifted its holdings in Daily Journal Corp. (S.C.) by 43.0% in the 2nd quarter. Headlands Technologies LLC now owns 1,278 shares of the company’s stock worth $768,000 after purchasing an additional 384 shares in the last quarter. Finally, Susquehanna International Group LLP boosted its stake in Daily Journal Corp. (S.C.) by 38.7% in the 2nd quarter. Susquehanna International Group LLP now owns 642 shares of the company’s stock worth $386,000 after purchasing an additional 179 shares during the period. Institutional investors own 51.23% of the company’s stock.

Daily Journal Corp. (S.C.) Company Profile

Daily Journal Corporation is a Los Angeles-based media and software company. Its traditional publishing business produces legal and business newspapers, including the Daily Journal, and provides specialized print and online information services for attorneys, courts, and other professional users.

Through its Journal Technologies subsidiary, the company develops and supplies case-management and workflow software for courts, prosecutors, public defenders, probation departments, and other justice-related agencies.