Educational Development (NASDAQ:EDUC) Now Covered by StockNews.com

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

Educational Development Trading Down 3.1 %

Shares of EDUC stock opened at $1.26 on Thursday. The stock has a fifty day moving average of $1.44 and a two-hundred day moving average of $1.74. The firm has a market capitalization of $10.82 million, a PE ratio of -1.91 and a beta of 1.08. Educational Development has a 1 year low of $1.21 and a 1 year high of $2.88. 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 quarterly earnings data on Monday, January 13th. The company reported ($0.10) earnings per share for the quarter. Educational Development had a negative net margin of 15.15% and a negative return on equity of 12.71%.

Hedge Funds Weigh In On Educational Development

An institutional investor recently raised its position in Educational Development stock. Ridgewood Investments LLC grew its position in Educational Development Co. (NASDAQ:EDUC) by 158.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,342 shares of the company’s stock after acquiring an additional 37,022 shares during the quarter. Ridgewood Investments LLC owned 0.70% of Educational Development worth $100,000 as of its most recent SEC filing. Institutional investors own 19.60% of the company’s stock.

About Educational Development

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.