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

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

Educational Development Price Performance

Shares of EDUC opened at $1.20 on Friday. The business’s 50-day moving average is $1.37 and its two-hundred day moving average is $1.69. The company has a market capitalization of $10.34 million, a P/E ratio of -1.82 and a beta of 1.12. Educational Development has a fifty-two week low of $0.92 and a fifty-two week high of $2.81. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.61 and a current ratio of 3.64.

Educational Development (NASDAQ:EDUC) last posted its earnings results on Monday, January 13th. The company reported ($0.10) EPS for the quarter. Educational Development had a negative return on equity of 12.71% and a negative net margin of 15.15%.

Hedge Funds Weigh In On Educational Development

A hedge fund recently bought a new stake in Educational Development stock. Raymond James Financial Inc. acquired a new position in Educational Development Co. (NASDAQ:EDUC) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 24,617 shares of the company’s stock, valued at approximately $41,000. Raymond James Financial Inc. owned 0.29% of Educational Development as of its most recent filing with the Securities & Exchange Commission. 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.