Educational Development (NASDAQ:EDUC) Earns Strong-Buy Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Educational Development (NASDAQ:EDUC) in a research report report published on Saturday. The brokerage issued a strong-buy rating on the stock.

Educational Development Stock Down 0.8 %

EDUC opened at $2.01 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.74 and a quick ratio of 1.40. Educational Development has a one year low of $0.80 and a one year high of $2.95. The firm has a market capitalization of $17.25 million, a P/E ratio of 67.02 and a beta of 1.06. The company has a fifty day moving average price of $2.04 and a 200-day moving average price of $2.03.

Educational Development (NASDAQ:EDUC) last announced its earnings results on Thursday, July 11th. The company reported ($0.15) earnings per share for the quarter. The business had revenue of $9.99 million during the quarter. Educational Development had a return on equity of 0.31% and a net margin of 0.30%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Educational Development stock. Ridgewood Investments LLC bought a new stake in Educational Development Co. (NASDAQ:EDUC) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 23,600 shares of the company’s stock, valued at approximately $49,000. Ridgewood Investments LLC owned about 0.28% of Educational Development at the end of the most recent quarter. Institutional investors own 19.60% of the company’s stock.

Educational Development Company Profile

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.