Educational Development (NASDAQ:EDUC) Receives New Coverage from Analysts at StockNews.com

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

Educational Development Trading Down 0.5 %

Shares of NASDAQ:EDUC opened at $2.06 on Thursday. The company has a market capitalization of $17.66 million, a P/E ratio of 68.67 and a beta of 1.06. Educational Development has a 1 year low of $0.80 and a 1 year high of $2.95. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.74 and a quick ratio of 1.40. The business’s 50 day simple moving average is $2.09 and its 200 day simple moving average is $2.07.

Educational Development (NASDAQ:EDUC) last issued its quarterly earnings results on Thursday, October 10th. The company reported ($0.22) earnings per share (EPS) for the quarter. The company had revenue of $6.51 million for the quarter. Educational Development had a return on equity of 0.31% and a net margin of 0.30%.

Institutional Investors Weigh In On Educational Development

A hedge fund recently bought a new stake in Educational Development stock. Ridgewood Investments LLC bought a new position in shares of Educational Development Co. (NASDAQ:EDUC) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor 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 reporting period. Institutional investors own 19.60% of the company’s stock.

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.