Educational Development (NASDAQ:EDUC) posted its earnings results on Thursday. The company reported $0.06 earnings per share for the quarter, Bloomberg Earnings reports. The company had revenue of $20.16 million during the quarter. Educational Development had a net margin of 4.66% and a return on equity of 20.26%. Educational Development updated its Q1 2021
IntraDay guidance to EPS.
Educational Development stock opened at $6.32 on Friday. The company has a current ratio of 1.93, a quick ratio of 0.62 and a debt-to-equity ratio of 0.61. Educational Development has a 1-year low of $3.02 and a 1-year high of $8.26. The firm has a 50-day moving average of $5.08 and a 200-day moving average of $5.57. The firm has a market cap of $53.47 million, a P/E ratio of 9.29 and a beta of 1.17.
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Tuesday, June 2nd will be issued a dividend of $0.06 per share. This is a positive change from Educational Development’s previous quarterly dividend of $0.05. This represents a $0.24 dividend on an annualized basis and a dividend yield of 3.80%. The ex-dividend date is Monday, June 1st.
Educational Development Corporation, a publishing company, operates as a trade co-publisher of the line of educational children's books in the United States. The company offers various books, including Touchy-Feely board books, activity and flashcards, adventure and search books, art books, sticker books, and foreign language books, as well as science and math titles, and chapter books and novels.
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