Daily Journal Corp. (S.C.) (NASDAQ:DJCO) Trading Down 5.2% – What’s Next?

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) fell 5.2% on Monday . The company traded as low as $483.00 and last traded at $488.0450. 27,830 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 81,953 shares. The stock had previously closed at $515.08.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on DJCO. Weiss Ratings reissued a “hold (c+)” rating on shares of Daily Journal Corp. (S.C.) in a research note on Wednesday, January 21st. Wall Street Zen lowered shares of Daily Journal Corp. (S.C.) from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

Daily Journal Corp. (S.C.) Stock Down 1.4%

The firm has a 50-day moving average price of $513.86 and a two-hundred day moving average price of $506.00. The firm has a market cap of $673.59 million, a price-to-earnings ratio of 7.21 and a beta of 0.89. The company has a debt-to-equity ratio of 0.05, a quick ratio of 16.31 and a current ratio of 16.31.

Daily Journal Corp. (S.C.) (NASDAQ:DJCO) last announced 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 net margin of 104.17% and a return on equity of 25.60%. The business had revenue of $19.54 million during the quarter.

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

Several large investors have recently modified their holdings of DJCO. State of Alaska Department of Revenue purchased a new stake in shares of Daily Journal Corp. (S.C.) in the third quarter valued at about $27,000. Advisory Services Network LLC acquired a new position in Daily Journal Corp. (S.C.) in the 3rd quarter valued at about $36,000. Strs Ohio acquired a new position in Daily Journal Corp. (S.C.) in the 4th quarter valued at about $49,000. Parallel Advisors LLC raised its stake in Daily Journal Corp. (S.C.) by 178.9% during the 4th quarter. Parallel Advisors LLC now owns 106 shares of the company’s stock valued at $52,000 after acquiring an additional 68 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Daily Journal Corp. (S.C.) during the 4th quarter valued at approximately $55,000. 51.23% of the stock is owned by institutional investors and hedge funds.

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.