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

Research analysts at StockNews.com assumed coverage on shares of Issuer Direct (NYSE:ISDR) in a note issued to investors on Tuesday. The brokerage set a “hold” rating on the stock.

Issuer Direct Stock Up 5.5 %

ISDR opened at $8.77 on Tuesday. Issuer Direct has a twelve month low of $7.61 and a twelve month high of $16.92. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average price of $9.51 and a 200 day moving average price of $9.72. The company has a market cap of $33.59 million, a PE ratio of -25.06 and a beta of 0.74.

Institutional Trading of Issuer Direct

An institutional investor recently raised its position in Issuer Direct stock. Bard Associates Inc. increased its stake in shares of Issuer Direct Co. (NYSE:ISDR) by 14.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 133,805 shares of the company’s stock after purchasing an additional 16,620 shares during the period. Bard Associates Inc. owned approximately 3.49% of Issuer Direct worth $1,599,000 at the end of the most recent reporting period. Institutional investors 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.