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

Research analysts at StockNews.com started coverage on shares of Educational Development (NASDAQ:EDUC) in a report issued on Monday. The brokerage set a “strong-buy” rating on the stock.

Educational Development Stock Down 2.8 %

EDUC opened at $2.08 on Monday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.40 and a current ratio of 3.74. The company has a market cap of $17.85 million, a price-to-earnings ratio of 69.36 and a beta of 1.07. Educational Development has a one year low of $0.80 and a one year high of $2.95. The business’s fifty day moving average is $1.92 and its two-hundred day moving average is $1.96.

Educational Development (NASDAQ:EDUC) last released its quarterly earnings data on Thursday, July 11th. The company reported ($0.15) EPS 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 during the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Educational Development stock. Ridgewood Investments LLC purchased a new position in shares of Educational Development Co. (NASDAQ:EDUC) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 23,600 shares of the company’s stock, valued at approximately $49,000. Ridgewood Investments LLC owned approximately 0.28% of Educational Development as of its most recent filing with the Securities and Exchange Commission (SEC). 19.60% of the stock is currently 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.