Daily Journal Corp (NASDAQ: DJCO) stock enjoyed a major increase of 14.9% on 11/6/24. The shares closed at $585.66. Moreover, this advance was accompanied by unusually high trading volume at 186% of normal. The stock has risen 16.6% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, DJCO is expected to be a modest Value Builder.
Daily Journal has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Daily Journal has a poor Appreciation Score of 23 but a very high Power Rating of 86, triggering the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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