Overall market sentiment has been high on Educational Development Corp (EDUC) stock lately. EDUC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Educational Development Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EDUC!
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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With EDUC Stock Today?
Educational Development Corp (EDUC) stock is trading at $1.20 as of 2:25 PM on Friday, Jul 14, a drop of -$0.10, or -8.05% from the previous closing price of $1.31. The stock has traded between $1.18 and $1.34 so far today. Volume today is 11,574 compared to average volume of 13,042.
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.
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