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

Investment analysts at StockNews.com began coverage on shares of Educational Development (NASDAQ:EDUC) in a report released on Tuesday. The brokerage set a “strong-buy” rating on the stock.

Educational Development Stock Up 0.6 %

EDUC stock opened at $1.64 on Tuesday. The stock has a market capitalization of $14.07 million, a PE ratio of -2.48 and a beta of 1.06. The company has a fifty day moving average of $1.74 and a 200-day moving average of $1.96. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.61 and a current ratio of 3.64. Educational Development has a one year low of $1.36 and a one year high of $2.95.

Educational Development (NASDAQ:EDUC) last issued its 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 12.71% and a negative net margin of 15.15%.

Institutional Investors Weigh In On Educational Development

An institutional investor recently raised its position in Educational Development stock. Ridgewood Investments LLC raised its position in Educational Development Co. (NASDAQ:EDUC) by 158.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 60,342 shares of the company’s stock after purchasing an additional 37,022 shares during the period. Ridgewood Investments LLC owned about 0.70% of Educational Development worth $100,000 at the end of the most recent reporting period. 19.60% of the stock is currently owned by hedge funds and other 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.