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

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

Educational Development Stock Performance

Shares of NASDAQ EDUC opened at $1.19 on Friday. Educational Development has a 52-week low of $0.92 and a 52-week high of $2.81. The stock has a market capitalization of $10.21 million, a price-to-earnings ratio of -1.80 and a beta of 1.12. The company has a quick ratio of 1.61, a current ratio of 3.64 and a debt-to-equity ratio of 0.61. The stock’s fifty day simple moving average is $1.38 and its 200 day simple moving average is $1.70.

Educational Development (NASDAQ:EDUC) last issued 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%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Educational Development stock. Ridgewood Investments LLC boosted its position in shares of Educational Development Co. (NASDAQ:EDUC) by 158.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,342 shares of the company’s stock after acquiring an additional 37,022 shares during the period. Ridgewood Investments LLC owned 0.70% of Educational Development worth $100,000 at the end of the most recent quarter. 19.60% of the stock is owned by institutional investors.

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.