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

StockNews.com assumed coverage on shares of Educational Development (NASDAQ:EDUC) in a research report released on Friday morning. The brokerage issued a strong-buy rating on the stock.

Educational Development Stock Down 0.6 %

Shares of Educational Development stock opened at $1.58 on Friday. The firm has a market cap of $13.56 million, a price-to-earnings ratio of -4.94 and a beta of 1.05. The stock’s 50-day moving average is $1.92 and its 200 day moving average is $1.99. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.67 and a quick ratio of 1.46. Educational Development has a one year low of $0.88 and a one year high of $2.95.

Educational Development (NASDAQ:EDUC) last posted its quarterly earnings results on Thursday, October 10th. The company reported ($0.22) earnings per share (EPS) for the quarter. Educational Development had a negative return on equity of 6.08% and a negative net margin of 6.42%. The business had revenue of $6.51 million for the quarter.

Institutional Trading of Educational Development

An institutional investor recently raised its position in Educational Development stock. Ridgewood Investments LLC lifted its position in shares of Educational Development Co. (NASDAQ:EDUC) by 93.2% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 45,600 shares of the company’s stock after purchasing an additional 22,000 shares during the quarter. Ridgewood Investments LLC owned 0.53% of Educational Development worth $85,000 at the end of the most recent reporting period. 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.