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

Analysts at StockNews.com assumed coverage on shares of Educational Development (NASDAQ:EDUC) in a report released on Thursday. The brokerage set a “strong-buy” rating on the stock.

Educational Development Price Performance

EDUC opened at $1.26 on Thursday. The stock has a market capitalization of $10.82 million, a P/E ratio of -1.91 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 company’s 50-day simple moving average is $1.44 and its two-hundred day simple moving average is $1.74. Educational Development has a 52-week low of $1.21 and a 52-week high of $2.88.

Educational Development (NASDAQ:EDUC) last issued its quarterly earnings data on Monday, January 13th. The company reported ($0.10) earnings per share 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

An institutional investor recently raised its position in Educational Development stock. Ridgewood Investments LLC boosted its position in Educational Development Co. (NASDAQ:EDUC) by 158.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 60,342 shares of the company’s stock after purchasing an additional 37,022 shares during the quarter. Ridgewood Investments LLC owned about 0.70% of Educational Development worth $100,000 at the end of the most recent reporting period. 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.