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

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

Educational Development Stock Performance

Shares of EDUC opened at $1.28 on Tuesday. Educational Development has a 1 year low of $1.24 and a 1 year high of $2.95. The stock has a market capitalization of $10.95 million, a PE ratio of -1.93 and a beta of 1.08. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.61 and a current ratio of 3.64. The stock has a 50-day simple moving average of $1.51 and a 200-day simple moving average of $1.79.

Educational Development (NASDAQ:EDUC) last issued 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 12.71% and a negative net margin of 15.15%.

Institutional Trading of Educational Development

Hedge funds and other institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new stake in shares of Educational Development during the 4th quarter worth about $41,000. Ridgewood Investments LLC increased its stake in Educational Development by 158.8% in the fourth quarter. Ridgewood Investments LLC now owns 60,342 shares of the company’s stock valued at $100,000 after purchasing an additional 37,022 shares during the last quarter. Finally, Needham Investment Management LLC raised its holdings in Educational Development by 7.3% during the third quarter. Needham Investment Management LLC now owns 805,000 shares of the company’s stock worth $1,884,000 after purchasing an additional 55,000 shares in the last quarter. 19.60% of the stock is currently 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.