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

StockNews.com started coverage on shares of Issuer Direct (NYSE:ISDR) in a report published on Monday morning. The firm issued a buy rating on the stock.

Issuer Direct Stock Down 0.4 %

Shares of NYSE ISDR opened at $8.28 on Monday. The company has a 50 day simple moving average of $10.25 and a 200-day simple moving average of $13.11. The company has a market capitalization of $31.60 million, a P/E ratio of 41.40 and a beta of 0.78. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.84 and a quick ratio of 0.84. Issuer Direct has a 1 year low of $8.01 and a 1 year high of $23.40.

Issuer Direct (NYSE:ISDR) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.11). The company had revenue of $6.96 million for the quarter, compared to analysts’ expectations of $8.63 million. Issuer Direct had a return on equity of 9.01% and a net margin of 2.43%. On average, equities research analysts predict that Issuer Direct will post 0.52 earnings per share for the current year.

Insider Buying and Selling

In related news, major shareholder Topline Capital Partners, Lp acquired 30,000 shares of the stock in a transaction that occurred on Tuesday, May 14th. The stock was purchased at an average price of $9.97 per share, with a total value of $299,100.00. Following the transaction, the insider now owns 607,140 shares of the company’s stock, valued at approximately $6,053,185.80. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other Issuer Direct news, major shareholder Topline Capital Partners, Lp purchased 30,000 shares of the firm’s stock in a transaction on Tuesday, May 14th. The stock was bought at an average price of $9.97 per share, with a total value of $299,100.00. Following the transaction, the insider now directly owns 607,140 shares of the company’s stock, valued at approximately $6,053,185.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Topline Capital Management, Ll purchased 14,412 shares of the firm’s stock in a transaction on Wednesday, May 29th. The stock was acquired at an average cost of $9.28 per share, with a total value of $133,743.36. Following the transaction, the insider now directly owns 658,111 shares in the company, valued at $6,107,270.08. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 102,060 shares of company stock valued at $987,191. Company insiders own 26.08% 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.