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

StockNews.com initiated coverage on shares of Issuer Direct (NYSE:ISDR) in a research report released on Thursday morning. The firm issued a hold rating on the stock.

Issuer Direct Price Performance

Issuer Direct has a one year low of $7.61 and a one year high of $13.31. The stock has a 50-day moving average price of $9.36 and a 200-day moving average price of $9.78. The company has a market cap of $35.35 million, a PE ratio of 20.49 and a beta of 0.77. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.37.

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 bought a new stake in shares of Issuer Direct Co. (NYSE:ISDR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 41,200 shares of the company’s stock, valued at approximately $492,000. Garden State Investment Advisory Services LLC owned 1.07% of Issuer Direct at the end of the most recent quarter. 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.