Issuer Direct (NYSE:ISDR) Now Covered by StockNews.com

Research analysts at StockNews.com started coverage on shares of Issuer Direct (NYSE:ISDR) in a research report issued on Thursday. The firm set a “hold” rating on the stock.

Issuer Direct Price Performance

ISDR opened at $9.95 on Thursday. Issuer Direct has a 1 year low of $7.61 and a 1 year high of $19.03. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.80 and a quick ratio of 0.80. The firm’s fifty day moving average price is $10.20 and its two-hundred day moving average price is $9.71. The company has a market capitalization of $38.13 million, a price-to-earnings ratio of -28.41 and a beta of 0.74.

Institutional Investors Weigh In On Issuer Direct

An institutional investor recently bought a new position in Issuer Direct stock. Garden State Investment Advisory Services LLC purchased a new position in Issuer Direct Co. (NYSE:ISDR) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 41,200 shares of the company’s stock, valued at approximately $492,000. Garden State Investment Advisory Services LLC owned 1.08% of Issuer Direct at the end of the most recent quarter. Hedge funds and other institutional investors own 50.02% of the company’s stock.

Issuer Direct Company Profile

Issuer Direct Corporation operates as a communications and compliance company, provides solutions for both public relations and investor relations professionals in the United States and internationally. The company provides press release distribution, media databases, media monitoring, and newsrooms through media advantage platform; ACCESSWIRE, a news dissemination and media outreach service; and Webcaster Platform, a cloud-based webcast, webinar, and virtual meeting platform that delivers live and on-demand streaming of events to audiences of various sizes, as well as allows customers to create, produce, and deliver events.