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

StockNews.com assumed coverage on shares of Educational Development (NASDAQ:EDUCFree Report) in a research note issued to investors on Tuesday. The firm issued a strong-buy rating on the stock.

Educational Development Price Performance

Shares of NASDAQ EDUC opened at $1.64 on Tuesday. The stock’s 50-day moving average is $1.75 and its two-hundred day moving average is $1.96. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.64 and a quick ratio of 1.61. The company has a market cap of $14.03 million, a price-to-earnings ratio of -2.48 and a beta of 1.06. Educational Development has a 1-year low of $1.36 and a 1-year high of $2.95.

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

Institutional Investors Weigh In On Educational Development

An institutional investor recently raised its position in Educational Development stock. Ridgewood Investments LLC lifted its stake in shares of Educational Development Co. (NASDAQ:EDUCFree Report) by 158.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,342 shares of the company’s stock after buying an additional 37,022 shares during the quarter. Ridgewood Investments LLC owned about 0.70% of Educational Development worth $100,000 at the end of the most recent reporting period. Institutional investors own 19.60% of the company’s stock.

Educational Development Company Profile

(Get Free Report)

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.

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