Educational Development (NASDAQ:EDUC) Coverage Initiated by Analysts at StockNews.com

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

Educational Development Trading Up 1.2 %

NASDAQ:EDUC opened at $1.67 on Monday. The firm has a market capitalization of $14.33 million, a PE ratio of -5.22 and a beta of 1.06. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.67 and a quick ratio of 1.46. Educational Development has a 12 month low of $1.36 and a 12 month high of $2.95. The business’s 50-day moving average is $1.79 and its two-hundred day moving average is $1.97.

Educational Development (NASDAQ:EDUC) last issued its quarterly earnings results on Monday, January 13th. The company reported ($0.10) earnings per share (EPS) for the quarter. Educational Development had a negative return on equity of 6.08% and a negative net margin of 6.42%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Educational Development stock. Ridgewood Investments LLC boosted its stake in Educational Development Co. (NASDAQ:EDUC) by 158.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 60,342 shares of the company’s stock after buying an additional 37,022 shares during the period. Ridgewood Investments LLC owned 0.70% of Educational Development worth $100,000 at the end of the most recent quarter. 19.60% of the stock is owned by institutional investors.

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.