Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Shares Down 4.4% – Should You Sell?

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) shares fell 4.4% during trading on Monday . The company traded as low as $507.73 and last traded at $505.46. 46,415 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 90,190 shares. The stock had previously closed at $528.70.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on DJCO shares. Wall Street Zen cut Daily Journal Corp. (S.C.) from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Weiss Ratings reissued a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a report on Wednesday, January 21st. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Daily Journal Corp. (S.C.) Stock Down 5.5%

The company has a debt-to-equity ratio of 0.05, a current ratio of 16.31 and a quick ratio of 16.31. The company has a market cap of $688.77 million, a price-to-earnings ratio of 7.36 and a beta of 0.86. The firm’s 50 day simple moving average is $518.05 and its 200-day simple moving average is $496.40.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last released its quarterly earnings data on Tuesday, February 17th. The company reported ($5.79) earnings per share (EPS) for the quarter. Daily Journal Corp. (S.C.) had a net margin of 104.17% and a return on equity of 25.60%. The company had revenue of $19.54 million during the quarter.

Institutional Investors Weigh In On Daily Journal Corp. (S.C.)

Several hedge funds have recently made changes to their positions in the business. Aviva PLC grew its holdings in shares of Daily Journal Corp. (S.C.) by 3.4% during the fourth quarter. Aviva PLC now owns 1,047 shares of the company’s stock worth $510,000 after buying an additional 34 shares during the last quarter. Rhumbline Advisers increased its position in Daily Journal Corp. (S.C.) by 1.7% in the 2nd quarter. Rhumbline Advisers now owns 2,097 shares of the company’s stock valued at $885,000 after acquiring an additional 35 shares during the period. Invesco Ltd. increased its position in Daily Journal Corp. (S.C.) by 4.9% in the 4th quarter. Invesco Ltd. now owns 1,010 shares of the company’s stock valued at $492,000 after acquiring an additional 47 shares during the period. Cerity Partners LLC increased its position in Daily Journal Corp. (S.C.) by 1.0% in the 4th quarter. Cerity Partners LLC now owns 4,921 shares of the company’s stock valued at $2,398,000 after acquiring an additional 47 shares during the period. Finally, Deutsche Bank AG increased its position in Daily Journal Corp. (S.C.) by 6.7% in the 4th quarter. Deutsche Bank AG now owns 792 shares of the company’s stock valued at $386,000 after acquiring an additional 50 shares during the period. Institutional investors and hedge funds own 51.23% of the company’s stock.

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.