Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Shares Cross Below 200 Day Moving Average - Should You Sell?

Key Points

• Technical signal: Shares crossed below the 200-day moving average of $491.31 on Friday (intraday low $477.74), while the 50-day SMA sits higher at $539.60, indicating near-term weakness.
• Analyst sentiment: Wall Street Zen downgraded DJCO to a "sell" recently, though Weiss Ratings remains at "hold (c+)" and the MarketBeat consensus is still an overall Hold.
• Fundamentals and ownership: The company shows very strong liquidity and low leverage (current and quick ratios 16.31, debt/equity 0.05) and a low P/E of 7.26, but reported a ($5.79) EPS on $19.54M revenue for the quarter; institutional investors own about 51% of the stock.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $491.31 and traded as low as $477.74. Daily Journal Corp. (S.C.) shares last traded at $491.76, with a volume of 59,881 shares trading hands.

Wall Street Analyst Weigh In

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

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

The company has a debt-to-equity ratio of 0.05, a quick ratio of 16.31 and a current ratio of 16.31. The business's 50 day simple moving average is $539.60 and its 200-day simple moving average is $491.31. The stock has a market capitalization of $678.63 million, a price-to-earnings ratio of 7.26 and a beta of 0.82.

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

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 position in 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 period. Vanguard Group Inc. grew its stake in shares of Daily Journal Corp. (S.C.) by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 102,622 shares of the company's stock worth $50,010,000 after purchasing an additional 534 shares in the last quarter. AltraVue Capital LLC increased its holdings in shares of Daily Journal Corp. (S.C.) by 17.7% during the fourth quarter. AltraVue Capital LLC now owns 66,819 shares of the company's stock valued at $32,562,000 after purchasing an additional 10,060 shares during the period. Advisory Research Inc. increased its holdings in shares of Daily Journal Corp. (S.C.) by 14.1% during the fourth quarter. Advisory Research Inc. now owns 65,564 shares of the company's stock valued at $31,951,000 after purchasing an additional 8,097 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in shares of 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. 51.23% of the stock is currently owned by institutional investors and hedge funds.

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.

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