Educational Development (NASDAQ:EDUC) announced its earnings results on Wednesday. The company reported $0.51 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Educational Development had a net margin of 4.71% and a return on equity of 21.22%.
NASDAQ:EDUC traded down $0.55 during trading hours on Thursday, reaching $18.26. 362 shares of the company were exchanged, compared to its average volume of 39,626. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.00 and a quick ratio of 0.80. The firm has a market cap of $157.10 million, a price-to-earnings ratio of 24.68 and a beta of 1.76. Educational Development has a 52-week low of $3.02 and a 52-week high of $20.00. The stock has a 50 day simple moving average of $15.14 and a 200 day simple moving average of $9.98.
Separately, TheStreet upgraded shares of Educational Development from a “c+” rating to a “b” rating in a research report on Wednesday, July 22nd.
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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