Issuer Direct (NYSE:ISDR) Coverage Initiated by Analysts at StockNews.com

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

Issuer Direct Price Performance

The company has a fifty day moving average price of $9.36 and a 200-day moving average price of $9.78. Issuer Direct has a fifty-two week low of $7.61 and a fifty-two week high of $12.48. The company has a market capitalization of $35.35 million, a price-to-earnings 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 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 position in shares of Issuer Direct Co. (NYSE:ISDR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (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 Securities and Exchange Commission (SEC). 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.