StockNews.com Begins Coverage on Issuer Direct (NYSE:ISDR)

Analysts at StockNews.com started coverage on shares of Issuer Direct (NYSE:ISDR) in a research report issued on Sunday. The brokerage set a “buy” rating on the stock.

Issuer Direct Stock Down 0.9 %

NYSE ISDR opened at $10.50 on Friday. The stock has a market capitalization of $40.08 million, a P/E ratio of 52.50 and a beta of 0.74. Issuer Direct has a 52 week low of $7.61 and a 52 week high of $19.03. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a fifty day moving average of $10.20 and a 200-day moving average of $10.23.

Issuer Direct (NYSE:ISDR) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. Issuer Direct had a positive return on equity of 5.86% and a negative net margin of 1.97%. The firm had revenue of $7.69 million during the quarter, compared to analyst estimates of $7.62 million. On average, equities research analysts forecast that Issuer Direct will post 0.54 EPS for the current year.

Insider Activity at Issuer Direct

In other Issuer Direct news, insider Topline Capital Management, Ll bought 19,826 shares of the company’s stock in a transaction on Tuesday, August 27th. The stock was bought at an average price of $9.65 per share, for a total transaction of $191,320.90. Following the transaction, the insider now owns 705,150 shares of the company’s stock, valued at approximately $6,804,697.50. The trade was a 0.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, insider Topline Capital Management, Ll bought 19,826 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The stock was bought at an average cost of $9.65 per share, for a total transaction of $191,320.90. Following the transaction, the insider now owns 705,150 shares of the company’s stock, valued at $6,804,697.50. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, major shareholder Topline Capital Partners, Lp purchased 4,114 shares of the stock in a transaction dated Wednesday, August 28th. The stock was bought at an average cost of $9.76 per share, with a total value of $40,152.64. Following the completion of the purchase, the insider now owns 709,264 shares in the company, valued at $6,922,416.64. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 26.08% of the stock is currently owned by company insiders.

About Issuer Direct

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.