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

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

Issuer Direct Stock Performance

Issuer Direct stock opened at $8.06 on Tuesday. The stock’s 50-day moving average is $9.87 and its 200-day moving average is $12.85. The company has a market cap of $30.77 million, a price-to-earnings ratio of 40.28 and a beta of 0.73. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.84 and a quick ratio of 0.84. Issuer Direct has a 12 month low of $7.61 and a 12 month high of $23.40.

Issuer Direct (NYSE:ISDR) last released its quarterly earnings data on Thursday, May 9th. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.11). The firm had revenue of $6.96 million during the quarter, compared to analysts’ expectations of $8.63 million. Issuer Direct had a return on equity of 9.01% and a net margin of 2.43%. Equities analysts anticipate that Issuer Direct will post 0.52 earnings per share for the current year.

Insider Activity

In related news, major shareholder Topline Capital Partners, Lp bought 22,469 shares of the stock in a transaction dated Thursday, June 27th. The stock was acquired at an average price of $7.83 per share, for a total transaction of $175,932.27. Following the completion of the purchase, the insider now owns 685,324 shares in the company, valued at $5,366,086.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Issuer Direct news, insider Topline Capital Management, Ll acquired 14,062 shares of the stock in a transaction on Monday, May 13th. The stock was purchased at an average price of $9.83 per share, for a total transaction of $138,229.46. Following the purchase, the insider now directly owns 577,140 shares in the company, valued at $5,673,286.20. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Topline Capital Partners, Lp acquired 22,469 shares of the stock in a transaction on Thursday, June 27th. The shares were acquired at an average price of $7.83 per share, with a total value of $175,932.27. Following the purchase, the insider now owns 685,324 shares in the company, valued at $5,366,086.92. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 129,273 shares of company stock worth $1,200,126. 26.08% of the stock is currently owned by corporate insiders.

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.