Educational Development (NASDAQ:EDUC) Earns Strong-Buy Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Educational Development (NASDAQ:EDUC) in a research note issued to investors on Monday. The firm issued a strong-buy rating on the stock.

Educational Development Trading Down 6.6 %

NASDAQ EDUC opened at $1.56 on Monday. The company has a market cap of $13.39 million, a P/E ratio of -4.88 and a beta of 1.06. Educational Development has a 12 month low of $1.36 and a 12 month high of $2.95. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.67 and a quick ratio of 1.46. The company has a 50-day moving average of $1.79 and a 200-day moving average of $1.97.

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

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:EDUC) by 158.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 60,342 shares of the company’s stock after purchasing 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 SEC filing. 19.60% of the stock is owned by institutional investors and hedge funds.

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.