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Should You Buy Educational Development Corp (EDUC) Stock After it Has Gained 44.80% in a Week?

Monday, July 24, 2023 10:59 AM | InvestorsObserver Analysts

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Should You Buy Educational Development Corp (EDUC) Stock After it Has Gained 44.80% in a Week?

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?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With EDUC Stock Today?

Educational Development Corp (EDUC) stock is trading at $1.81 as of 10:44 AM on Monday, Jul 24, a gain of $0.26, or 16.57% from the previous closing price of $1.55. The stock has traded between $1.61 and $2.03 so far today. Volume today is above average. So far 131,221 shares have traded compared to average volume of 19,637 shares.

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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