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

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

Educational Development Stock Down 6.6 %

Shares of Educational Development stock opened at $1.56 on Monday. Educational Development has a one year low of $1.36 and a one year high of $2.95. The company has a market cap of $13.39 million, a P/E ratio of -4.88 and a beta of 1.06. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.46 and a current ratio of 3.67. The firm has a fifty day moving average of $1.79 and a two-hundred day moving average of $1.97.

Educational Development (NASDAQ:EDUC) last posted its quarterly earnings results on Monday, January 13th. The company reported ($0.10) earnings per share (EPS) for the quarter. Educational Development had a negative return on equity of 6.08% and a negative net margin of 6.42%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Educational Development stock. Ridgewood Investments LLC boosted its holdings in Educational Development Co. (NASDAQ:EDUC) by 158.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 60,342 shares of the company’s stock after acquiring an additional 37,022 shares during the period. Ridgewood Investments LLC owned 0.70% of Educational Development worth $100,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other 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.