Issuer Direct (NYSE:ISDR) Receives New Coverage from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Issuer Direct (NYSE:ISDR – Get Rating) in a note issued to investors on Sunday. The brokerage set a “buy” rating on the stock.

NYSE ISDR opened at $23.59 on Friday. The firm has a market cap of $89.24 million, a PE ratio of 27.75 and a beta of 0.90. Issuer Direct has a twelve month low of $18.21 and a twelve month high of $33.06. The business has a 50-day simple moving average of $25.94.

Issuer Direct (NYSE:ISDR – Get Rating) last released its quarterly earnings results on Thursday, March 3rd. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.03). Issuer Direct had a return on equity of 10.98% and a net margin of 14.70%. The business had revenue of $5.72 million during the quarter, compared to analyst estimates of $5.46 million. On average, research analysts forecast that Issuer Direct will post 0.93 EPS for the current fiscal year.

About Issuer Direct (Get Rating)

Issuer Direct Corporation provides shareholder communications and compliance platforms, technologies, and services in the United States and internationally. The company provides Platform id., a platform that manages the events of customers to distribute their messages to constituents, investors, markets, and regulatory systems; whistleblower hotline, which delivers secure notifications and basic incident workflow management processes that align with a company's corporate governance whistleblower policy; proxy module, a real-time voting platform for customers and their shareholders of record; and stock transfer module, a cloud-based platform, which provides access to real-time information about their shareholders, stock ledgers, and reports, as well as issues new shares.

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