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Local Corporation LOCM
$0.0002 $0.000.00%
Recommendation
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D
Sell 3/11/2016Downgrade
Local Corporation (LOCMQ) was downgraded to D- from D+ on 3/11/2016 due to a substantial decline in the volatility index and total return index.
D
Sell 11/11/2015Upgraded
Local Corporation (LOCMQ) was upgraded to D+ from D on 11/11/2015 due to a substantial increase in the valuation index.
D
Sell 5/21/2015Downgrade
Local Corporation (LOCM) was downgraded to D from D+ on 5/21/2015 due to a major decline in the growth index, total return index and solvency index. Debt to equity increased from 0.61 to 0.93, total revenue declined 19.64% from $16.29M to $13.09M, and the quick ratio declined from 0.63 to 0.52.
D
Sell 8/21/2014Upgraded
Local Corporation (LOCM) was upgraded to D+ from D on 8/21/2014 due to a large increase in the growth index, efficiency index and total return index. EBIT increased 14.75% from -$766 to -$879.
D
Sell 5/22/2014Downgrade
Local Corporation (LOCM) was downgraded to D from D+ on 5/22/2014 due to a decline in the growth index, solvency index and efficiency index. Operating cash flow declined 182.9% from $877 to -$727, EBIT declined 44.09% from -$1.37M to -$766, and debt to equity increased from 0.63 to 0.79.
D
Sell 4/2/2014Upgraded
Local Corporation (LOCM) was upgraded to D+ from D on 4/2/2014 due to a noticeable increase in the growth index, efficiency index and solvency index. EBIT increased 588.44% from -$199 to -$1.37M, total revenue increased 14.2% from $23.47M to $26.81M, and the quick ratio increased from 0.78 to 0.83.
Weiss Ratings