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

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

Issuer Direct Stock Performance

Shares of ISDR stock opened at $9.93 on Thursday. The stock has a fifty day moving average price of $10.20 and a 200 day moving average price of $9.71. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.80 and a current ratio of 0.80. The stock has a market cap of $38.03 million, a PE ratio of -28.37 and a beta of 0.74. Issuer Direct has a 1 year low of $7.61 and a 1 year high of $19.03.

Institutional Trading of Issuer Direct

An institutional investor recently bought a new position in Issuer Direct stock. Garden State Investment Advisory Services LLC acquired a new position in shares of Issuer Direct Co. (NYSE:ISDR) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 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 at the end of the most recent quarter. Hedge funds and other institutional investors 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.