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

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

Issuer Direct Price Performance

Issuer Direct has a fifty-two week low of $7.61 and a fifty-two week high of $13.55. The stock has a 50 day moving average price of $9.36 and a 200-day moving average price of $9.78. The firm has a market capitalization of $35.35 million, a PE ratio of 20.49 and a beta of 0.77. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.80 and a current ratio of 0.80.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Issuer Direct stock. Garden State Investment Advisory Services LLC purchased a new position in Issuer Direct Co. (NYSE:ISDR) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 41,200 shares of the company’s stock, valued at approximately $492,000. Garden State Investment Advisory Services LLC owned approximately 1.07% of Issuer Direct at the end of the most recent reporting period. 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.