The market has been high on Educational Development Corporation (EDUC) stock recently. EDUC gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 Corporation (EDUC) stock is trading at $16.90 as of 12:13 PM on Friday, Aug 7, an increase of $2.08, or 14% from the previous closing price of $14.82. The stock has traded between $14.64 and $19.76 so far today. Volume today is elevated. So far 240,722 shares have traded compared to average volume of 90,978 shares.
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More About Educational Development Corporation
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 is functioned with two reportable segments: Usborne Books and More (UBAM); and Publishing. Publishing segment markets its products to retail accounts, which include the book, school supply, 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.
