Educational Development Corporation (NASDAQ:EDUC) spotted trading -53.10% off 52-week high price. On the other end, the stock has been noted 8.03% away from the low price over the last 52-weeks. The stock changed 1.20% to recent value of $6.73. The stock transacted 11629 shares during most recent day however it has an average volume of 9.94K shares. The company has 8.59M of outstanding shares and 6.53M shares were floated in the market.
Educational Development Corporation (NASDAQ:EDUC) recently revealed that the Record Date for the scheduled quarterly dividend of $0.05 per share, previously announced on July 11, 2019, will be August 22, 2019, and will be paid on Tuesday, September 10, 2019.
About Educational Development Corporation (EDC)
EDC is a publishing company specializing in books for children. EDC is the exclusive United States distributor of the UK-based Usborne Books and owns Kane Miller Publishers; award-winning publishers of international children’s books. EDC’s current catalog contains over 2,000 titles, with new additions semi-annually. Both Usborne and Kane Miller products are sold via 4,000 retail outlets and by independent consultants, who hold book showings in individual homes, through social media, book fairs with school and public libraries, direct and internet sales.
Its earnings per share (EPS) expected to touch remained 26.80% for this year. EDUC has a gross margin of 67.00% and an operating margin of 6.80% while its profit margin remained 5.30% for the last 12 months.
According to the most recent quarter its current ratio was 1.9 that represents company’s ability to meet its current financial obligations. The price moved ahead of -2.35% from the mean of 20 days, -7.83% from mean of 50 days SMA and performed -23.10% from mean of 200 days price. Company’s performance for the week was -1.17%, -0.44% for month and YTD performance remained -21.10%.