Educational Development (NASDAQ:EDUC) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Educational Development (NASDAQ:EDUC) in a report released on Tuesday. The firm issued a strong-buy rating on the stock.

Educational Development Price Performance

NASDAQ:EDUC opened at $1.65 on Tuesday. Educational Development has a 12 month low of $1.36 and a 12 month high of $2.95. The stock has a 50 day moving average of $1.74 and a two-hundred day moving average of $1.95. The company has a current ratio of 3.64, a quick ratio of 1.61 and a debt-to-equity ratio of 0.61. The firm has a market cap of $14.11 million, a P/E ratio of -2.49 and a beta of 1.06.

Educational Development (NASDAQ:EDUC) last posted its quarterly earnings data on Monday, January 13th. The company reported ($0.10) EPS for the quarter. Educational Development had a negative return on equity of 12.71% and a negative net margin of 15.15%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Educational Development stock. Ridgewood Investments LLC raised its holdings in Educational Development Co. (NASDAQ:EDUC) by 158.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). 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 about 0.70% of Educational Development worth $100,000 as of its most recent SEC filing. 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.