Daily Journal Co. (NASDAQ:DJCO)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as low as $241.43. Daily Journal shares last traded at $241.43, with a volume of 307 shares trading hands.
A number of research firms recently commented on DJCO. TheStreet raised shares of Daily Journal from a “d+” rating to a “c-” rating in a research report on Monday, July 22nd. BidaskClub lowered shares of Daily Journal from a “hold” rating to a “sell” rating in a research note on Tuesday, July 16th.
The company has a debt-to-equity ratio of 0.21, a quick ratio of 7.11 and a current ratio of 7.11. The stock’s 50 day moving average is $229.65.
A number of institutional investors have recently modified their holdings of the business. BNP Paribas Arbitrage SA increased its stake in shares of Daily Journal by 205.0% in the first quarter. BNP Paribas Arbitrage SA now owns 244 shares of the company’s stock worth $52,000 after acquiring an additional 164 shares during the period. Metropolitan Life Insurance Co. NY increased its stake in shares of Daily Journal by 419.8% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 421 shares of the company’s stock worth $99,000 after acquiring an additional 340 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Daily Journal in the first quarter worth $112,000. Bank of New York Mellon Corp increased its stake in shares of Daily Journal by 1.7% in the fourth quarter. Bank of New York Mellon Corp now owns 3,880 shares of the company’s stock worth $908,000 after acquiring an additional 65 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Daily Journal by 6.6% in the fourth quarter. Geode Capital Management LLC now owns 9,956 shares of the company’s stock worth $2,329,000 after acquiring an additional 617 shares during the period. Institutional investors and hedge funds own 39.07% of the company’s stock.
Daily Journal Company Profile (NASDAQ:DJCO)
Daily Journal Corporation publishes newspapers and Websites covering in California, Arizona, Colorado, and Utah. It operates in two segments, Traditional Business and Journal Technologies. The company publishes 10 newspapers of general circulation, including Los Angeles Daily Journal, San Francisco Daily Journal, Daily Commerce, The Daily Recorder, The Inter-City Express, San Jose Post-Record, Orange County Reporter, The Daily Transcript, Business Journal, and The Record Reporter.
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