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

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

Issuer Direct Stock Down 0.9 %

ISDR stock opened at $8.77 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.37. Issuer Direct has a 52 week low of $7.61 and a 52 week high of $19.03. The stock has a market capitalization of $33.62 million, a PE ratio of -25.06 and a beta of 0.74. The firm has a 50 day moving average of $9.81 and a 200 day moving average of $9.69.

Hedge Funds 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 stake in shares of Issuer Direct Co. (NYSE:ISDR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 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 Securities & Exchange Commission. 50.02% of the stock is currently owned by institutional investors.

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.