Issuer Direct (NYSE:ISDR) Earns Hold Rating from Analysts at StockNews.com

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

Issuer Direct Price Performance

The business’s fifty day simple moving average is $9.36 and its two-hundred day simple moving average is $9.78. Issuer Direct has a twelve month low of $7.61 and a twelve month high of $16.92. The firm has a market capitalization of $35.35 million, a price-to-earnings 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.

Institutional Trading of Issuer Direct

A hedge fund recently bought a new stake in Issuer Direct stock. Garden State Investment Advisory Services LLC bought a new stake in Issuer Direct Co. (NYSE:ISDR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 41,200 shares of the company’s stock, valued at approximately $492,000. Garden State Investment Advisory Services LLC owned about 1.07% of Issuer Direct as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 50.02% 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.