ACCESS Newswire (NYSEAMERICAN:ACCS) Stock Price Down 0.4% – Here’s Why

Shares of ACCESS Newswire Inc. (NYSEAMERICAN:ACCS) were down 0.4% on Tuesday . The stock traded as low as $7.26 and last traded at $7.26. Approximately 14,945 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 22,739 shares. The stock had previously closed at $7.29.

ACCESS Newswire Trading Down 0.4%

The stock has a market capitalization of $28.10 million, a PE ratio of -5.22 and a beta of 0.85. The firm has a 50-day moving average price of $8.37 and a 200-day moving average price of $9.17. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.06.

Institutional Trading of ACCESS Newswire

Large investors have recently added to or reduced their stakes in the stock. Topline Capital Management LLC purchased a new position in ACCESS Newswire in the second quarter valued at about $8,724,000. Herald Investment Management Ltd purchased a new stake in shares of ACCESS Newswire during the 3rd quarter worth approximately $956,000. Geode Capital Management LLC purchased a new stake in shares of ACCESS Newswire during the 2nd quarter worth approximately $362,000. Mink Brook Asset Management LLC bought a new stake in shares of ACCESS Newswire in the 3rd quarter worth approximately $219,000. Finally, Nano Cap New Millennium Growth Fund L P bought a new stake in shares of ACCESS Newswire in the 4th quarter worth approximately $140,000. Hedge funds and other institutional investors own 50.02% of the company’s stock.

About ACCESS Newswire

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.