Educational Development (NASDAQ:EDUC) Releases Quarterly Earnings Results

Educational Development (NASDAQ:EDUC) released its quarterly earnings results on Monday. The company reported ($0.10) EPS for the quarter, Zacks reports. Educational Development had a negative return on equity of 6.08% and a negative net margin of 6.42%.

Educational Development Stock Performance

EDUC stock traded down $0.05 during trading on Monday, reaching $1.65. 25,807 shares of the company’s stock were exchanged, compared to its average volume of 10,358. The firm has a market cap of $14.16 million, a PE ratio of -5.16 and a beta of 1.06. The company has a quick ratio of 1.46, a current ratio of 3.67 and a debt-to-equity ratio of 0.61. Educational Development has a 1-year low of $1.36 and a 1-year high of $2.95. The company’s fifty day moving average price is $1.80 and its 200-day moving average price is $1.97.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on shares of Educational Development in a research report on Monday. They issued a “strong-buy” rating for the company.

About Educational Development

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.