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

Stock analysts at StockNews.com started coverage on shares of Educational Development (NASDAQ:EDUC) in a research report issued to clients and investors on Friday. The brokerage set a “strong-buy” rating on the stock.

Educational Development Stock Down 1.2 %

Shares of EDUC stock opened at $2.03 on Friday. Educational Development has a 1 year low of $0.80 and a 1 year high of $2.95. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.40 and a current ratio of 3.74. The business’s fifty day moving average is $2.02 and its 200-day moving average is $2.02. The stock has a market cap of $17.41 million, a PE ratio of 67.67 and a beta of 1.07.

Educational Development (NASDAQ:EDUC) last released its earnings results on Thursday, July 11th. The company reported ($0.15) EPS for the quarter. The business had revenue of $9.99 million for the quarter. Educational Development had a net margin of 0.30% and a return on equity of 0.31%.

Hedge Funds Weigh In On Educational Development

An institutional investor recently bought a new position in Educational Development stock. Ridgewood Investments LLC bought a new position in Educational Development Co. (NASDAQ:EDUC) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 23,600 shares of the company’s stock, valued at approximately $49,000. Ridgewood Investments LLC owned approximately 0.28% of Educational Development at the end of the most recent reporting period. 19.60% of the stock is 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.