Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Stock Price Down 4.6% – Time to Sell?

Daily Journal Corp. (S.C.) (NASDAQ:DJCOGet Free Report)’s stock price fell 4.6% on Wednesday . The stock traded as low as $492.05 and last traded at $484.84. 107,646 shares traded hands during trading, an increase of 12% from the average session volume of 95,888 shares. The stock had previously closed at $508.21.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

View Our Latest Stock Report on DJCO

Daily Journal Corp. (S.C.) Trading Down 5.1%

The company has a quick ratio of 12.41, a current ratio of 12.42 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $665.69 million, a P/E ratio of 5.93 and a beta of 0.94. The firm has a 50 day moving average of $450.27 and a 200-day moving average of $436.95.

Daily Journal Corp. (S.C.) (NASDAQ:DJCOGet Free Report) last posted its quarterly earnings data on Monday, December 29th. The company reported $30.61 EPS for the quarter. The firm had revenue of $28.41 million for the quarter. Daily Journal Corp. (S.C.) had a return on equity of 34.57% and a net margin of 127.86%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. RWWM Inc. increased its holdings in Daily Journal Corp. (S.C.) by 1.2% in the 3rd quarter. RWWM Inc. now owns 338,941 shares of the company’s stock valued at $157,655,000 after buying an additional 4,039 shares during the period. Vanguard Group Inc. boosted its position in shares of Daily Journal Corp. (S.C.) by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 102,088 shares of the company’s stock worth $47,485,000 after acquiring an additional 1,845 shares in the last quarter. Advisory Research Inc. increased its stake in Daily Journal Corp. (S.C.) by 51.9% in the third quarter. Advisory Research Inc. now owns 57,467 shares of the company’s stock valued at $26,730,000 after acquiring an additional 19,627 shares during the last quarter. AltraVue Capital LLC increased its stake in Daily Journal Corp. (S.C.) by 31.7% in the third quarter. AltraVue Capital LLC now owns 56,759 shares of the company’s stock valued at $26,401,000 after acquiring an additional 13,660 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in Daily Journal Corp. (S.C.) by 2.8% during the third quarter. Dimensional Fund Advisors LP now owns 45,327 shares of the company’s stock valued at $21,084,000 after purchasing an additional 1,242 shares in the last quarter. Institutional investors and hedge funds own 51.23% of the company’s stock.

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

(Get Free Report)

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.

See Also

Receive News & Ratings for Daily Journal Corp. (S.C.) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Daily Journal Corp. (S.C.) and related companies with MarketBeat.com's FREE daily email newsletter.