Educational Development (NASDAQ:EDUC) Announces Earnings Results

Educational Development (NASDAQ:EDUC) posted its quarterly earnings results on Monday. The company reported ($0.10) earnings per share (EPS) for the quarter, Zacks reports. Educational Development had a negative net margin of 6.42% and a negative return on equity of 6.08%.

Educational Development Price Performance

Educational Development stock traded down $0.05 during trading hours on Monday, hitting $1.65. 23,807 shares of the company traded hands, compared to its average volume of 8,740. The firm’s 50-day simple moving average is $1.80 and its two-hundred day simple moving average is $1.97. The company has a quick ratio of 1.46, a current ratio of 3.67 and a debt-to-equity ratio of 0.61. The firm has a market cap of $14.16 million, a P/E ratio of -5.16 and a beta of 1.06. Educational Development has a 1-year low of $1.36 and a 1-year high of $2.95.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Educational Development in a report on Monday. They issued a “strong-buy” rating on the 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.