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 report report published on Wednesday morning. The firm issued a strong-buy rating on the stock.

Educational Development Stock Performance

Shares of EDUC stock opened at $1.68 on Wednesday. The company has a current ratio of 3.64, a quick ratio of 1.61 and a debt-to-equity ratio of 0.61. Educational Development has a 12-month low of $1.46 and a 12-month high of $2.95. The business’s 50 day moving average is $1.72 and its two-hundred day moving average is $1.95. The company has a market capitalization of $14.45 million, a P/E ratio of -2.55 and a beta of 1.06.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Educational Development stock. Ridgewood Investments LLC raised its position in shares of Educational Development Co. (NASDAQ:EDUC) by 158.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,342 shares of the company’s stock after acquiring an additional 37,022 shares during the quarter. Ridgewood Investments LLC owned approximately 0.70% of Educational Development worth $100,000 as of its most recent SEC filing. 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.