Educational Development (NASDAQ:EDUC) Issues Earnings Results

Educational Development (NASDAQ:EDUC) issued its quarterly earnings results on Monday. The company reported ($0.13) earnings per share for the quarter, Zacks reports. Educational Development had a negative return on equity of 12.44% and a negative net margin of 15.40%.

Educational Development Stock Up 1.5%

NASDAQ:EDUC traded up $0.02 during trading hours on Monday, hitting $1.35. 7,239 shares of the stock traded hands, compared to its average volume of 21,461. The stock has a 50 day moving average price of $1.33 and a 200 day moving average price of $1.41. The company has a market cap of $11.58 million, a price-to-earnings ratio of -2.14 and a beta of 1.01. Educational Development has a 1 year low of $0.92 and a 1 year high of $2.49.

Analyst Ratings Changes

Separately, Wall Street Zen assumed coverage on Educational Development in a research report on Wednesday, May 21st. They issued a “strong-buy” rating for the company.

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.