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

StockNews.com began coverage on shares of Issuer Direct (NYSE:ISDR) in a research note issued to investors on Thursday. The firm issued a hold rating on the stock.

Issuer Direct Stock Performance

The stock’s 50-day simple moving average is $9.36 and its 200 day simple moving average is $9.78. The company has a market cap 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 current ratio of 0.80 and a quick ratio of 0.80. Issuer Direct has a twelve month low of $7.61 and a twelve month high of $13.31.

Institutional Trading of Issuer Direct

A hedge fund recently bought a new stake 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 its most recent 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 1.07% of Issuer Direct as of its most recent SEC filing. 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.