Educational Development (NASDAQ:EDUC) Research Coverage Started at StockNews.com

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

Educational Development Stock Performance

Shares of NASDAQ EDUC opened at $2.07 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.67 and a quick ratio of 1.46. Educational Development has a 1 year low of $0.80 and a 1 year high of $2.95. The firm has a fifty day moving average price of $2.09 and a 200-day moving average price of $2.03. The stock has a market cap of $17.76 million, a PE ratio of -6.47 and a beta of 1.07.

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

Institutional Investors Weigh In On Educational Development

A hedge fund recently raised its stake in Educational Development stock. Ridgewood Investments LLC raised its holdings in shares of Educational Development Co. (NASDAQ:EDUC) by 93.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,600 shares of the company’s stock after purchasing an additional 22,000 shares during the quarter. Ridgewood Investments LLC owned 0.53% of Educational Development worth $85,000 at the end of the most recent reporting period. 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.