Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Stock Price Down 10.3% – Should You Sell?

Shares of Daily Journal Corp. (S.C.) (NASDAQ:DJCO) traded down 10.3% on Tuesday . The stock traded as low as $600.13 and last traded at $578.28. 9,006 shares were traded during mid-day trading, a decline of 89% from the average session volume of 81,724 shares. The stock had previously closed at $644.83.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Daily Journal Corp. (S.C.) currently has an average rating of “Hold”.

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

The firm has a market capitalization of $804.91 million, a P/E ratio of 7.16 and a beta of 0.82. The company has a debt-to-equity ratio of 0.06, a quick ratio of 13.89 and a current ratio of 13.89. The stock has a 50 day moving average of $527.64 and a two-hundred day moving average of $462.73.

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

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

A number of hedge funds have recently bought and sold shares of the company. State of Alaska Department of Revenue bought a new position in shares of Daily Journal Corp. (S.C.) in the third quarter worth about $27,000. Advisory Services Network LLC bought a new position in Daily Journal Corp. (S.C.) in the 3rd quarter worth approximately $36,000. CWM LLC lifted its holdings in shares of Daily Journal Corp. (S.C.) by 208.7% during the fourth quarter. CWM LLC now owns 142 shares of the company’s stock worth $69,000 after buying an additional 96 shares during the last quarter. Entropy Technologies LP acquired a new position in shares of Daily Journal Corp. (S.C.) during the second quarter worth approximately $211,000. Finally, Intech Investment Management LLC boosted its position in shares of Daily Journal Corp. (S.C.) by 11.9% in the second quarter. Intech Investment Management LLC now owns 600 shares of the company’s stock valued at $253,000 after acquiring an additional 64 shares during the period. 51.23% of the stock is currently owned by 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.