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

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

Educational Development Stock Performance

NASDAQ:EDUC opened at $1.26 on Tuesday. The firm’s 50-day moving average is $1.53 and its 200-day moving average is $1.80. Educational Development has a 52-week low of $1.24 and a 52-week high of $2.95. 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 has a market cap of $10.82 million, a price-to-earnings ratio of -1.91 and a beta of 1.08.

Educational Development (NASDAQ:EDUC) last posted its quarterly earnings data 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 Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in EDUC. Needham Investment Management LLC increased its holdings in shares of Educational Development by 7.3% during the 3rd 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 during the period. Ridgewood Investments LLC increased its holdings in shares of Educational Development by 158.8% during the 4th quarter. Ridgewood Investments LLC now owns 60,342 shares of the company’s stock worth $100,000 after purchasing an additional 37,022 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in Educational Development in the fourth quarter valued at about $41,000. 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.