Educational Development (NASDAQ:EDUC) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Educational Development (NASDAQ:EDUC) in a report issued on Tuesday morning. The brokerage issued a strong-buy rating on the stock.

Educational Development Stock Performance

NASDAQ EDUC opened at $1.65 on Tuesday. The company has a quick ratio of 1.61, a current ratio of 3.64 and a debt-to-equity ratio of 0.61. Educational Development has a 52-week low of $1.36 and a 52-week high of $2.95. The business’s 50-day moving average price is $1.74 and its 200 day moving average price is $1.95. The firm has a market cap of $14.11 million, a P/E ratio of -2.49 and a beta of 1.06.

Educational Development (NASDAQ:EDUC) last announced its quarterly earnings data on Monday, January 13th. The company reported ($0.10) EPS for the quarter. Educational Development had a negative net margin of 15.15% and a negative return on equity of 12.71%.

Institutional Trading of Educational Development

An institutional investor recently raised its position in Educational Development stock. Ridgewood Investments LLC increased its holdings in shares of Educational Development Co. (NASDAQ:EDUC) by 158.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 60,342 shares of the company’s stock after purchasing an additional 37,022 shares during the period. Ridgewood Investments LLC owned 0.70% of Educational Development worth $100,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 19.60% of the company’s stock.

Educational Development Company Profile

Educational Development Corporation, a publishing company, operates as a publisher of educational children's books in the United States. It operates through two segments, PaperPie and Publishing. The company offers various books, including touchy-feely board books, activity books and flashcards, adventure and search books, art books, sticker books, and foreign language books, as well as internet-linked books comprising science and math titles, and chapter books and novels.