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

StockNews.com initiated coverage on shares of Educational Development (NASDAQ:EDUCFree Report) in a report published on Wednesday morning. The brokerage issued a strong-buy rating on the stock.

Educational Development Stock Up 1.2 %

Educational Development stock opened at $1.63 on Wednesday. Educational Development has a fifty-two week low of $1.46 and a fifty-two week high of $2.95. The firm has a market capitalization of $13.99 million, a PE ratio of -2.47 and a beta of 1.06. The company’s 50-day moving average is $1.71 and its 200-day moving average is $1.94. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.64 and a quick ratio of 1.61.

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

Hedge Funds Weigh In On Educational Development

An institutional investor recently raised its position in Educational Development stock. Ridgewood Investments LLC raised its stake in Educational Development Co. (NASDAQ:EDUCFree Report) by 158.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 60,342 shares of the company’s stock after acquiring an additional 37,022 shares during the quarter. Ridgewood Investments LLC owned about 0.70% of Educational Development worth $100,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 19.60% of the company’s stock.

About Educational Development

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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.

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