Issuer Direct (NYSE:ISDR) Now Covered by StockNews.com

StockNews.com started coverage on shares of Issuer Direct (NYSE:ISDR) in a research note published on Wednesday. The brokerage issued a hold rating on the stock.

Issuer Direct Trading Up 0.2 %

Issuer Direct stock opened at $10.00 on Wednesday. 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 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.37. The business’s fifty day simple moving average is $10.34 and its two-hundred day simple moving average is $9.72. The company has a market capitalization of $38.30 million, a price-to-earnings ratio of -28.57 and a beta of 0.77.

Institutional Trading of Issuer Direct

An institutional investor recently bought a new position in Issuer Direct stock. Garden State Investment Advisory Services LLC purchased a new stake in shares of Issuer Direct Co. (NYSE:ISDR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 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 SEC filing. 50.02% of the stock is owned by institutional investors.

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.