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

StockNews.com started 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 Stock Performance

Educational Development stock opened at $1.67 on Friday. The stock’s 50 day moving average is $1.84 and its 200 day moving average is $1.98. The company has a market capitalization of $14.33 million, a P/E ratio of -5.22 and a beta of 1.06. Educational Development has a twelve month low of $1.11 and a twelve month high of $2.95. 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 earnings results on Thursday, October 10th. The company reported ($0.22) EPS for the quarter. The company 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. Needham Investment Management LLC boosted its holdings in Educational Development Co. (NASDAQ:EDUC) by 7.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 805,000 shares of the company’s stock after acquiring an additional 55,000 shares during the quarter. Needham Investment Management LLC owned 9.38% of Educational Development worth $1,884,000 at the end of the most recent quarter. 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.