Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Stock Price Down 6.4% - Time to Sell?

Key Points

• Stock fell 6.4% intraday to about $486.81 on low volume (≈26,056 shares, down ~70% vs. average), trading well below its 50‑day SMA ($564.45) and near its 200‑day SMA ($490.45).
• Research action and results are mixed: Wall Street Zen downgraded DJCO to a "sell" while the consensus remains a "Hold", and the company reported ($5.79) EPS for the quarter alongside $19.54M in revenue and an unusually high reported net margin.
• Balance sheet and valuation highlight strength and low leverage: DJCO has a very high quick/current ratio (16.31), debt/equity of 0.05, a market cap of ~$680M and a P/E of 7.27, with roughly 51% institutional ownership.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO - Get Free Report)'s stock price dropped 6.4% during mid-day trading on Friday . The company traded as low as $500.92 and last traded at $486.8140. Approximately 26,056 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 87,979 shares. The stock had previously closed at $520.03.

Analyst Upgrades and Downgrades

DJCO has been the subject of several recent research reports. 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 reiterated 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.) presently has a consensus rating of "Hold".

Daily Journal Corp. (S.C.) Trading Down 5.2%

The company's 50 day simple moving average is $564.45 and its two-hundred day simple moving average is $490.45. 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 company has a market capitalization of $680.21 million, a price-to-earnings ratio of 7.27 and a beta of 0.82.

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

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DJCO. RWWM Inc. grew its stake 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 last quarter. Caprock Group LLC purchased a new position in shares of Daily Journal Corp. (S.C.) in the 3rd quarter valued at approximately $2,609,000. New York State Common Retirement Fund boosted its stake in Daily Journal Corp. (S.C.) by 26.8% in the 3rd 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. Everett Harris & Co. CA grew its position in Daily Journal Corp. (S.C.) by 125.1% during the 2nd quarter. Everett Harris & Co. CA now owns 2,339 shares of the company's stock worth $988,000 after purchasing an additional 1,300 shares during the last quarter. Finally, Legato Capital Management LLC grew its position in Daily Journal Corp. (S.C.) by 29.3% during the 3rd quarter. Legato Capital Management LLC now owns 12,027 shares of the company's stock worth $5,594,000 after purchasing an additional 2,722 shares during the last quarter. 51.23% of the stock is currently owned by hedge funds and other institutional investors.

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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