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

Equities research analysts at StockNews.com initiated coverage on shares of Educational Development (NASDAQ:EDUC) in a research note issued to investors on Tuesday. The firm set a “strong-buy” rating on the stock.

Educational Development Trading Down 4.5 %

Educational Development stock opened at $1.28 on Tuesday. Educational Development has a 12 month low of $1.24 and a 12 month high of $2.95. The company has a quick ratio of 1.61, a current ratio of 3.64 and a debt-to-equity ratio of 0.61. The stock has a market cap of $10.99 million, a P/E ratio of -1.94 and a beta of 1.08. The company’s fifty day simple moving average is $1.54 and its 200-day simple moving average is $1.81.

Educational Development (NASDAQ:EDUC) last issued its quarterly earnings data on Monday, January 13th. The company reported ($0.10) earnings per share for the quarter. Educational Development had a negative net margin of 15.15% and a negative return on equity of 12.71%.

Institutional Trading of Educational Development

Several large investors have recently made changes to their positions in EDUC. Ridgewood Investments LLC raised its stake in shares of Educational Development by 158.8% in the 4th quarter. Ridgewood Investments LLC now owns 60,342 shares of the company’s stock valued at $100,000 after acquiring an additional 37,022 shares in the last quarter. Needham Investment Management LLC grew its holdings in Educational Development by 7.3% during the third quarter. Needham Investment Management LLC now owns 805,000 shares of the company’s stock valued at $1,884,000 after purchasing an additional 55,000 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new position in shares of Educational Development in the fourth quarter valued at approximately $41,000. 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.