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

StockNews.com started coverage on shares of Educational Development (NASDAQ:EDUC) in a research note published on Tuesday. The brokerage issued a strong-buy rating on the stock.

Educational Development Price Performance

NASDAQ:EDUC opened at $1.83 on Tuesday. The firm has a market cap of $15.72 million, a price-to-earnings ratio of -5.72 and a beta of 1.07. The company has a current ratio of 3.67, a quick ratio of 1.46 and a debt-to-equity ratio of 0.61. The company’s 50-day moving average is $2.05 and its two-hundred day moving average is $2.01. Educational Development has a 12-month low of $0.80 and a 12-month high of $2.95.

Educational Development (NASDAQ:EDUC) last released its earnings results 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 net margin of 6.42% and a negative return on equity of 6.08%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Educational Development stock. Ridgewood Investments LLC lifted its stake in shares of Educational Development Co. (NASDAQ:EDUC) by 93.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,600 shares of the company’s stock after acquiring an additional 22,000 shares during the period. Ridgewood Investments LLC owned 0.53% of Educational Development worth $85,000 as of its most recent SEC filing. 19.60% of the stock is 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.