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

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

Educational Development Stock Up 1.0 %

Shares of NASDAQ:EDUC opened at $1.65 on Tuesday. Educational Development has a fifty-two week low of $1.36 and a fifty-two week high of $2.95. The firm’s 50 day moving average price is $1.76 and its 200 day moving average price is $1.96. 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 cap of $14.17 million, a price-to-earnings ratio of -5.16 and a beta of 1.06.

Educational Development (NASDAQ:EDUC) last issued its earnings results on Monday, January 13th. The company reported ($0.10) EPS for the quarter. Educational Development had a negative return on equity of 6.08% and a negative net margin of 6.42%.

Institutional Investors Weigh In On Educational Development

A hedge fund recently raised its stake in Educational Development stock. Ridgewood Investments LLC grew its stake in shares of Educational Development Co. (NASDAQ:EDUC) by 158.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 60,342 shares of the company’s stock after purchasing an additional 37,022 shares during the quarter. Ridgewood Investments LLC owned approximately 0.70% of Educational Development worth $100,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 19.60% of the company’s stock.

About Educational Development

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.