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

Daily Journal Corp. (S.C.) (NASDAQ:DJCO)’s stock price dropped 4.6% during mid-day trading on Wednesday . The company traded as low as $492.05 and last traded at $484.84. Approximately 107,646 shares changed hands during trading, an increase of 12% from the average daily volume of 95,888 shares. The stock had previously closed at $508.21.

Analysts Set New Price Targets

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

Daily Journal Corp. (S.C.) Price Performance

The firm has a 50-day moving average of $453.18 and a 200-day moving average of $437.65. The company has a debt-to-equity ratio of 0.06, a quick ratio of 12.41 and a current ratio of 13.89. The firm has a market capitalization of $671.53 million, a P/E ratio of 5.99 and a beta of 0.94.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last issued its earnings results on Monday, December 29th. The company reported $30.61 earnings per share for the quarter. Daily Journal Corp. (S.C.) had a return on equity of 32.88% and a net margin of 127.86%.The business had revenue of $28.41 million during the quarter.

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

Several large investors have recently added to or reduced their stakes in the business. RWWM Inc. boosted its stake in shares of Daily Journal Corp. (S.C.) by 1.2% during the 3rd quarter. RWWM Inc. now owns 338,941 shares of the company’s stock worth $157,655,000 after acquiring an additional 4,039 shares during the last quarter. Vanguard Group Inc. lifted its position in Daily Journal Corp. (S.C.) by 1.8% during the third quarter. Vanguard Group Inc. now owns 102,088 shares of the company’s stock valued at $47,485,000 after purchasing an additional 1,845 shares in the last quarter. Advisory Research Inc. grew its holdings in Daily Journal Corp. (S.C.) by 51.9% during the third quarter. Advisory Research Inc. now owns 57,467 shares of the company’s stock valued at $26,730,000 after purchasing an additional 19,627 shares during the period. AltraVue Capital LLC increased its position 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 worth $26,401,000 after buying an additional 13,660 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in Daily Journal Corp. (S.C.) by 2.8% in the third quarter. Dimensional Fund Advisors LP now owns 45,327 shares of the company’s stock worth $21,084,000 after buying an additional 1,242 shares in the last quarter. 51.23% of the stock is currently owned by 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.