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

Analysts at StockNews.com began coverage on shares of Educational Development (NASDAQ:EDUC) in a research report issued on Monday. The brokerage set a “strong-buy” rating on the stock.

Educational Development Stock Performance

Shares of EDUC stock opened at $1.94 on Monday. The business has a fifty day moving average of $2.08 and a 200 day moving average of $2.02. Educational Development has a 1 year low of $0.80 and a 1 year high of $2.95. 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 firm has a market capitalization of $16.65 million, a price-to-earnings ratio of -6.06 and a beta of 1.07.

Educational Development (NASDAQ:EDUC) last announced its quarterly earnings data on Thursday, October 10th. The company reported ($0.22) earnings per share (EPS) for the quarter. The firm 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 Inflows and Outflows

An institutional investor recently raised its position in Educational Development stock. Ridgewood Investments LLC raised its stake in shares of Educational Development Co. (NASDAQ:EDUC) by 93.2% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 45,600 shares of the company’s stock after buying an additional 22,000 shares during the period. Ridgewood Investments LLC owned about 0.53% of Educational Development worth $85,000 at the end of the most recent quarter. Institutional investors and hedge funds own 19.60% of the company’s stock.

About Educational Development

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.