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

Investment analysts at StockNews.com initiated coverage on shares of Issuer Direct (NYSE:ISDR) in a research note issued to investors on Thursday. The firm set a “hold” rating on the stock.

Issuer Direct Trading Down 1.0 %

NYSE ISDR opened at $9.71 on Thursday. Issuer Direct has a 12 month low of $7.61 and a 12 month high of $19.03. The stock has a market cap of $37.17 million, a P/E ratio of -27.73 and a beta of 0.74. The stock’s fifty day moving average price is $10.26 and its 200-day moving average price is $9.71. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.37.

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 acquired a new position in Issuer Direct Co. (NYSE:ISDR) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 41,200 shares of the company’s stock, valued at approximately $492,000. Garden State Investment Advisory Services LLC owned approximately 1.08% of Issuer Direct as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds 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.