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

StockNews.com started coverage on shares of Educational Development (NASDAQ:EDUC) in a research report sent to investors on Friday morning. The brokerage issued a strong-buy rating on the stock.

Educational Development Stock Performance

Educational Development stock opened at $1.55 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.64 and a quick ratio of 1.61. The firm’s fifty day moving average price is $1.65 and its 200 day moving average price is $1.91. The company has a market capitalization of $13.30 million, a price-to-earnings ratio of -2.35 and a beta of 1.05. Educational Development has a 12-month low of $1.46 and a 12-month high of $2.95.

Educational Development (NASDAQ:EDUC) last released its quarterly earnings results 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 number of large investors have recently added to or reduced their stakes in the stock. Needham Investment Management LLC raised its stake in shares of Educational Development by 7.3% in the 3rd quarter. Needham Investment Management LLC now owns 805,000 shares of the company’s stock valued at $1,884,000 after purchasing an additional 55,000 shares in the last quarter. Ridgewood Investments LLC raised its stake in Educational Development by 158.8% during the fourth quarter. Ridgewood Investments LLC now owns 60,342 shares of the company’s stock valued at $100,000 after buying an additional 37,022 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Educational Development during the fourth quarter valued at approximately $41,000. 19.60% of the stock is currently owned by institutional investors.

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.