Issuer Direct (NYSE:ISDR) Earns Hold Rating from Analysts at StockNews.com

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

Issuer Direct Stock Performance

Shares of ISDR stock opened at $10.26 on Monday. The business’s 50-day moving average price is $10.28 and its 200-day moving average price is $10.14. Issuer Direct has a 12 month low of $7.61 and a 12 month high of $19.03. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $39.30 million, a price-to-earnings ratio of -64.13 and a beta of 0.74.

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

Insiders Place Their Bets

In other news, major shareholder Topline Capital Partners, Lp purchased 4,114 shares of the business’s stock in a transaction on Wednesday, August 28th. The shares were acquired at an average price of $9.76 per share, with a total value of $40,152.64. Following the completion of the transaction, the insider now owns 709,264 shares of the company’s stock, valued at $6,922,416.64. 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 the SEC website. In related news, major shareholder Topline Capital Partners, Lp acquired 4,114 shares of Issuer Direct stock in a transaction dated Wednesday, August 28th. The stock was bought at an average price of $9.76 per share, with a total value of $40,152.64. Following the transaction, the insider now directly owns 709,264 shares in the company, valued at $6,922,416.64. This represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Topline Capital Management, Ll acquired 19,826 shares of the stock in a transaction dated Tuesday, August 27th. The stock was bought at an average price of $9.65 per share, with a total value of $191,320.90. Following the purchase, the insider now directly owns 705,150 shares in the company, valued at $6,804,697.50. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 26.85% of the company’s stock.

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.