Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Stock Price Down 9.5% – Should You Sell?

Daily Journal Corp. (S.C.) (NASDAQ:DJCO)’s share price dropped 9.5% on Tuesday . The company traded as low as $465.20 and last traded at $463.74. Approximately 33,403 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 76,482 shares. The stock had previously closed at $512.56.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a research report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Daily Journal Corp. (S.C.) Trading Down 7.0%

The stock has a market capitalization of $657.21 million, a PE ratio of 5.86 and a beta of 0.79. The company has a debt-to-equity ratio of 0.06, a current ratio of 13.89 and a quick ratio of 13.89. The company’s 50 day moving average price is $562.38 and its two-hundred day moving average price is $479.83.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last released its earnings results on Tuesday, February 17th. The company reported ($5.79) earnings per share for the quarter. The business had revenue of $19.54 million during the quarter. Daily Journal Corp. (S.C.) had a return on equity of 32.88% and a net margin of 127.86%.

Institutional Trading of Daily Journal Corp. (S.C.)

Several institutional investors and hedge funds have recently bought and sold shares of the stock. State of Alaska Department of Revenue purchased a new stake in shares of Daily Journal Corp. (S.C.) during the third quarter worth $27,000. Advisory Services Network LLC acquired a new position in shares of Daily Journal Corp. (S.C.) during the third quarter worth about $36,000. Strs Ohio purchased a new stake in shares of Daily Journal Corp. (S.C.) during the fourth quarter worth approximately $49,000. Parallel Advisors LLC raised its holdings in Daily Journal Corp. (S.C.) by 178.9% in the fourth quarter. Parallel Advisors LLC now owns 106 shares of the company’s stock valued at $52,000 after acquiring an additional 68 shares in the last quarter. Finally, CWM LLC lifted its stake in Daily Journal Corp. (S.C.) by 208.7% in the fourth quarter. CWM LLC now owns 142 shares of the company’s stock worth $69,000 after acquiring an additional 96 shares during the last quarter. 51.23% of the stock is currently owned by hedge funds and other institutional investors.

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

Daily Journal Corporation (NASDAQ: DJCO) is a diversified media and technology company headquartered in Los Angeles, California. The company operates in two primary segments: legal publishing and software solutions. Its publishing arm produces the Los Angeles Daily Journal and the San Francisco Daily Journal, which provide daily coverage of legal news, court decisions, opinion pieces and public notices to attorneys, judges and legal professionals across California.

In addition to its flagship newspapers, Daily Journal Corp.