StockNews.com Initiates Coverage on Issuer Direct (NYSE:ISDR)

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

Issuer Direct Stock Performance

Issuer Direct has a twelve month low of $7.61 and a twelve month high of $12.48. The business has a 50-day moving average price of $9.36 and a two-hundred day moving average price of $9.78. The company has a market capitalization of $35.35 million, a P/E ratio of 20.49 and a beta of 0.77. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.80 and a current ratio of 0.80.

Institutional Trading of Issuer Direct

An institutional investor recently bought a new position in Issuer Direct stock. Garden State Investment Advisory Services LLC bought a new position in Issuer Direct Co. (NYSE:ISDR) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor 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 as of its most recent filing with the SEC. 50.02% of the stock is currently owned by institutional investors and hedge funds.

About Issuer Direct

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.