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

Key Points

• Shares down 4.4% midday to $505.46 from $528.70 on lighter-than-average volume (~46k vs. 90k), and Wall Street Zen recently downgraded the stock to a sell while consensus remains a Hold.
• The company shows strong liquidity and low leverage (quick/current ratio 16.31, D/E 0.05) with a market cap of $688.8M and P/E of 7.36, but it reported quarterly EPS of ($5.79) on $19.54M in revenue alongside an unusually high reported net margin of 104.17%.
• Institutional investors own about 51.23% of the stock, and several funds increased their positions in the most recent quarter, indicating notable institutional interest.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Get Free Report) traded down 4.4% during mid-day trading on Monday . The company traded as low as $507.73 and last traded at $505.46. 46,415 shares traded 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 Analysts Forecast Growth

A number of analysts have issued reports on the company. Wall Street Zen lowered Daily Journal Corp. (S.C.) from a "hold" rating to a "sell" rating in a research report on Saturday, February 21st. Weiss Ratings reissued a "hold (c+)" rating on shares of Daily Journal Corp. (S.C.) in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of "Hold".

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

The business has a 50-day moving average price of $518.05 and a two-hundred day moving average price of $496.40. The company has a quick ratio of 16.31, a current ratio of 16.31 and a debt-to-equity ratio of 0.05. The firm has a market cap of $688.77 million, a PE ratio of 7.36 and a beta of 0.86.

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

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

Large investors have recently modified their holdings of the stock. RWWM Inc. increased its position in shares of Daily Journal Corp. (S.C.) by 1.2% during the third 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. Caprock Group LLC purchased a new stake in shares of Daily Journal Corp. (S.C.) during the third quarter worth $2,609,000. New York State Common Retirement Fund grew its stake in shares of Daily Journal Corp. (S.C.) by 26.8% during the third quarter. New York State Common Retirement Fund now owns 11,483 shares of the company's stock worth $5,341,000 after purchasing an additional 2,424 shares in the last quarter. Advisory Research Inc. raised 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 buying an additional 19,627 shares in the last quarter. Finally, Legato Capital Management LLC raised its stake in Daily Journal Corp. (S.C.) by 29.3% in the third quarter. Legato Capital Management LLC now owns 12,027 shares of the company's stock valued at $5,594,000 after buying an additional 2,722 shares in the last quarter. Hedge funds and other institutional investors own 51.23% of the company's stock.

About Daily Journal Corp. (S.C.)

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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