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

Analysts at StockNews.com started coverage on shares of Educational Development (NASDAQ:EDUC) in a research note issued to investors on Thursday. The brokerage set a “strong-buy” rating on the stock.

Educational Development Trading Up 2.9 %

EDUC opened at $2.13 on Thursday. The firm has a market cap of $18.26 million, a P/E ratio of 71.00 and a beta of 1.06. The company has a current ratio of 3.74, a quick ratio of 1.40 and a debt-to-equity ratio of 0.59. The stock has a 50-day moving average of $2.09 and a 200 day moving average of $2.07. Educational Development has a 12 month low of $0.80 and a 12 month high of $2.95.

Educational Development (NASDAQ:EDUC) last posted its quarterly earnings data on Thursday, October 10th. The company reported ($0.22) earnings per share for the quarter. The firm had revenue of $6.51 million for the quarter. Educational Development had a net margin of 0.30% and a return on equity of 0.31%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Educational Development stock. Ridgewood Investments LLC purchased a new position in shares of Educational Development Co. (NASDAQ:EDUC) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 23,600 shares of the company’s stock, valued at approximately $49,000. Ridgewood Investments LLC owned about 0.28% of Educational Development as of its most recent filing with the Securities and Exchange Commission. 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.