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

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

Educational Development Price Performance

Shares of NASDAQ:EDUC opened at $1.59 on Friday. The company has a quick ratio of 1.46, a current ratio of 3.67 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $13.65 million, a PE ratio of -4.97 and a beta of 1.05. The firm’s 50 day moving average price is $1.93 and its 200-day moving average price is $1.99. Educational Development has a twelve month low of $0.87 and a twelve month high of $2.95.

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

Institutional Trading of Educational Development

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% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,600 shares of the company’s stock after acquiring an additional 22,000 shares during the quarter. Ridgewood Investments LLC owned approximately 0.53% of Educational Development worth $85,000 at the end of the most recent reporting period. 19.60% of the stock is owned by hedge funds and other institutional investors.

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.