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

StockNews.com began coverage on shares of Educational Development (NASDAQ:EDUC) in a report published on Wednesday morning. The brokerage issued a strong-buy rating on the stock.

Educational Development Trading Down 4.4 %

Shares of Educational Development stock opened at $1.87 on Wednesday. Educational Development has a fifty-two week low of $0.80 and a fifty-two week high of $2.95. The firm has a market cap of $16.00 million, a PE ratio of -6.09 and a beta of 1.05. The business’s fifty day moving average is $2.04 and its two-hundred day moving average is $2.00. 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 data on Thursday, October 10th. The company reported ($0.22) EPS for the quarter. The firm had revenue of $6.51 million for the quarter. Educational Development had a negative return on equity of 6.08% and a negative net margin of 6.42%.

Institutional Trading of Educational Development

An institutional investor recently raised its position in Educational Development stock. Ridgewood Investments LLC boosted its stake in Educational Development Co. (NASDAQ:EDUC) by 93.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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. 19.60% of the stock is currently owned by institutional investors and hedge funds.

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.