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

StockNews.com initiated coverage on shares of Issuer Direct (NYSE:ISDR) in a research report report published on Friday morning. The brokerage issued a buy rating on the stock.

Issuer Direct Trading Up 3.2 %

Shares of NYSE:ISDR opened at $8.69 on Friday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.84 and a current ratio of 0.84. The stock’s 50-day moving average is $8.88 and its 200-day moving average is $11.81. The company has a market cap of $33.20 million, a P/E ratio of 43.43 and a beta of 0.73. Issuer Direct has a 52-week low of $7.61 and a 52-week high of $23.40.

Issuer Direct (NYSE:ISDR) last announced its earnings results on Thursday, May 9th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.11). The business had revenue of $6.96 million for the quarter, compared to the consensus estimate of $8.63 million. Issuer Direct had a net margin of 2.43% and a return on equity of 9.01%. 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, insider Topline Capital Management, Ll purchased 4,744 shares of Issuer Direct stock in a transaction on Wednesday, June 26th. The stock was purchased at an average cost of $7.80 per share, with a total value of $37,003.20. Following the acquisition, the insider now directly owns 662,855 shares in the company, valued at $5,170,269. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. In other news, major shareholder Topline Capital Partners, Lp acquired 22,469 shares of the stock in a transaction dated Thursday, June 27th. The shares were acquired at an average cost of $7.83 per share, for a total transaction of $175,932.27. Following the completion of the transaction, the insider now owns 685,324 shares in the company, valued at approximately $5,366,086.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Topline Capital Management, Ll bought 4,744 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The stock was purchased at an average price of $7.80 per share, with a total value of $37,003.20. Following the completion of the purchase, the insider now directly owns 662,855 shares of the company’s stock, valued at approximately $5,170,269. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 129,273 shares of company stock valued at $1,200,126. 26.08% of the stock is owned by company insiders.

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.