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

StockNews.com started coverage on shares of Educational Development (NASDAQ:EDUC) in a report issued on Monday morning. The firm issued a strong-buy rating on the stock.

Educational Development Trading Up 0.5 %

NASDAQ:EDUC opened at $2.01 on Monday. The stock has a market capitalization of $17.24 million, a price-to-earnings ratio of 67.00 and a beta of 1.06. Educational Development has a 52 week low of $0.80 and a 52 week high of $2.95. The company has a quick ratio of 1.40, a current ratio of 3.74 and a debt-to-equity ratio of 0.59. The firm has a 50 day moving average of $2.06 and a 200 day moving average of $2.04.

Educational Development (NASDAQ:EDUC) last announced its earnings results on Thursday, July 11th. The company reported ($0.15) earnings per share for the quarter. Educational Development had a return on equity of 0.31% and a net margin of 0.30%. The business had revenue of $9.99 million for the quarter.

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 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,600 shares of the company’s stock after buying an additional 22,000 shares during the period. Ridgewood Investments LLC owned approximately 0.53% of Educational Development worth $85,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 19.60% of the company’s stock.

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.