Educational Development (NASDAQ:EDUC) Earns Strong-Buy Rating from Analysts at StockNews.com

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

Educational Development Trading Up 4.1 %

Educational Development stock opened at $1.66 on Wednesday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.61 and a current ratio of 3.64. Educational Development has a 1 year low of $1.46 and a 1 year high of $2.95. The firm’s 50-day moving average is $1.72 and its 200-day moving average is $1.95. The company has a market cap of $14.21 million, a P/E ratio of -2.51 and a beta of 1.06.

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

Institutional Investors Weigh In On 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 158.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 60,342 shares of the company’s stock after acquiring an additional 37,022 shares during the period. Ridgewood Investments LLC owned 0.70% of Educational Development worth $100,000 as of its most recent filing with the SEC. Hedge funds and other 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.