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

StockNews.com assumed coverage on shares of Educational Development (NASDAQ:EDUC) in a research report sent to investors on Sunday morning. The brokerage issued a strong-buy rating on the stock.

Educational Development Trading Up 1.5 %

EDUC opened at $1.94 on Friday. The firm has a market cap of $16.63 million, a price-to-earnings ratio of -6.06 and a beta of 1.07. Educational Development has a 52 week low of $0.80 and a 52 week high of $2.95. The business’s 50 day moving average is $2.09 and its two-hundred day moving average is $2.02. 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 (NASDAQ:EDUC) last released its quarterly earnings results on Thursday, October 10th. The company reported ($0.22) EPS for the quarter. The business had revenue of $6.51 million during the quarter. Educational Development had a negative net margin of 6.42% and a negative return on equity of 6.08%.

Hedge Funds Weigh In On Educational Development

An institutional investor recently raised its position in Educational Development stock. Ridgewood Investments LLC grew its stake in Educational Development Co. (NASDAQ:EDUC) by 93.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,600 shares of the company’s stock after purchasing an additional 22,000 shares during the period. Ridgewood Investments LLC owned approximately 0.53% of Educational Development worth $85,000 at the end of the most recent reporting period. 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.