Educational Development (NASDAQ:EDUC) posted its earnings results on Thursday, January 11th. The company reported $0.52 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The company had revenue of $38.91 million for the quarter. Educational Development had a return on equity of 29.35% and a net margin of 4.30%.
Shares of Educational Development (NASDAQ EDUC) traded down $1.10 during midday trading on Friday, reaching $21.70. The company’s stock had a trading volume of 21,461 shares, compared to its average volume of 27,754. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.48 and a current ratio of 1.56. The firm has a market capitalization of $93.23, a P/E ratio of 17.64 and a beta of 1.35. Educational Development has a fifty-two week low of $6.25 and a fifty-two week high of $22.95.
An institutional investor recently raised its position in Educational Development stock. Northern Trust Corp increased its position in shares of Educational Development Co. (NASDAQ:EDUC) by 4.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,462 shares of the company’s stock after purchasing an additional 406 shares during the quarter. Northern Trust Corp owned 0.26% of Educational Development worth $111,000 as of its most recent SEC filing. 6.90% of the stock is currently owned by hedge funds and other institutional investors.
WARNING: “Educational Development (NASDAQ:EDUC) Announces Quarterly Earnings Results” was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this news story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this news story can be read at https://www.dispatchtribunal.com/2018/02/03/educational-development-educ-releases-quarterly-earnings-results.html.
Educational Development Company Profile
Educational Development Corporation (EDC) is a publisher of the line of educational children’s books produced in the United Kingdom by Usborne Publishing Limited (Usborne). The Company also owns Kane Miller Book Publishers. The Company sells books through two segments: Home Business Division (Usborne Books & More or UBAM) and Publishing Division (EDC Publishing).
Receive News & Ratings for Educational Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Educational Development and related companies with MarketBeat.com's FREE daily email newsletter.