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How Will the Market React to Educational Development Corp (EDUC) Stock Getting a Bullish Rating

Tuesday, January 16, 2024 03:39 PM | InvestorsObserver Analysts

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How Will the Market React to Educational Development Corp (EDUC) Stock Getting a Bullish Rating

The market has been high on Educational Development Corp (EDUC) stock recently. EDUC gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Educational Development Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EDUC!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With EDUC Stock Today?

Educational Development Corp (EDUC) stock has risen 25.35% while the S&P 500 is down -0.59% as of 3:30 PM on Tuesday, Jan 16. EDUC is higher by $0.36 from the previous closing price of $1.42 on volume of 199,509 shares. Over the past year the S&P 500 is up 19.16% while EDUC is down -52.28%. EDUC earned $0.03 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 54.98.

More About Educational Development Corp

Educational Development Corp is the United States trade publisher of the line of educational children's books produced in the United Kingdom. Its business activity functions with two reportable segments: Usborne Books and More (UBAM); and Publishing. The Publishing segment markets its products to retail accounts, which include the book, school supplies, toy and gift stores and museums, through commissioned sales representatives, trade and specialty wholesalers and an internal telesales group. The UBAM segment markets its products through a network of independent sales consultants using a combination of direct sales, home shows, book fairs and internet sales. It derives a majority of revenue from the UBAM segment. Click Here to get the full Stock Report for Educational Development Corp stock.

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