Educational Development (NASDAQ:EDUC) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Educational Development (NASDAQ:EDUC) in a research note released on Monday. The firm issued a strong-buy rating on the stock.

Educational Development Price Performance

NASDAQ:EDUC opened at $1.90 on Monday. The firm’s fifty day moving average price is $2.08 and its two-hundred day moving average price is $2.02. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.67 and a quick ratio of 1.46. The company has a market cap of $16.30 million, a P/E ratio of -5.94 and a beta of 1.07. Educational Development has a one year low of $0.80 and a one year high of $2.95.

Educational Development (NASDAQ:EDUC) last issued its quarterly earnings data on Thursday, October 10th. The company reported ($0.22) earnings per share (EPS) for the quarter. Educational Development had a negative return on equity of 6.08% and a negative net margin of 6.42%. The company had revenue of $6.51 million for the quarter.

Institutional Inflows and Outflows

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 93.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 45,600 shares of the company’s stock after acquiring an additional 22,000 shares during the quarter. Ridgewood Investments LLC owned about 0.53% of Educational Development worth $85,000 as of its most recent filing with the SEC. Hedge funds and other 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.