Daily Journal (DJCO) Lowered to Sell at BidaskClub

BidaskClub cut shares of Daily Journal (NASDAQ:DJCO) from a hold rating to a sell rating in a research report released on Friday.

Separately, TheStreet upgraded Daily Journal from a c- rating to a b rating in a report on Monday, February 12th.

Daily Journal (NASDAQ DJCO) traded down $2.70 during trading hours on Friday, hitting $223.50. The company had a trading volume of 723 shares, compared to its average volume of 1,015. The company has a debt-to-equity ratio of 0.17, a quick ratio of 11.01 and a current ratio of 11.01. The company has a market capitalization of $312.33, a P/E ratio of 20.17 and a beta of 1.60. Daily Journal has a fifty-two week low of $195.00 and a fifty-two week high of $250.95.

Daily Journal (NASDAQ:DJCO) last posted its quarterly earnings data on Wednesday, December 13th. The company reported ($0.77) earnings per share (EPS) for the quarter. The firm had revenue of $10.91 million for the quarter. Daily Journal had a negative return on equity of 0.97% and a net margin of 36.72%.

In other Daily Journal news, Director John Patrick Et Al Guerin sold 304 shares of the firm’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $234.00, for a total value of $71,136.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders sold 2,015 shares of company stock valued at $476,620. Corporate insiders own 20.40% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the business. MetLife Investment Advisors LLC bought a new position in Daily Journal in the fourth quarter valued at approximately $138,000. Deutsche Bank AG grew its stake in Daily Journal by 143.5% in the fourth quarter. Deutsche Bank AG now owns 2,518 shares of the company’s stock valued at $578,000 after purchasing an additional 1,484 shares in the last quarter. Mutual Advisors LLC bought a new position in Daily Journal in the fourth quarter valued at approximately $272,000. BlackRock Inc. grew its stake in Daily Journal by 1.0% in the fourth quarter. BlackRock Inc. now owns 55,448 shares of the company’s stock valued at $12,765,000 after purchasing an additional 543 shares in the last quarter. Finally, Mraz Amerine & Associates Inc. bought a new position in Daily Journal in the fourth quarter valued at approximately $205,000. Hedge funds and other institutional investors own 37.83% of the company’s stock.

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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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