Issuer Direct (NYSE:ISDR) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Issuer Direct (NYSE:ISDR) in a report issued on Monday. The brokerage issued a hold rating on the stock.

Issuer Direct Stock Performance

The company has a 50-day simple moving average of $9.36 and a two-hundred day simple moving average of $9.78. Issuer Direct has a 52-week low of $7.61 and a 52-week high of $15.46. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.37. The firm has a market cap of $35.35 million, a P/E ratio of 20.49 and a beta of 0.77.

Hedge Funds Weigh In On Issuer Direct

An institutional investor recently raised its position in Issuer Direct stock. Bard Associates Inc. grew its position in shares of Issuer Direct Co. (NYSE:ISDR) by 14.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 133,805 shares of the company’s stock after acquiring an additional 16,620 shares during the quarter. Bard Associates Inc. owned 3.49% of Issuer Direct worth $1,599,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 50.02% of the stock is owned by institutional investors and hedge funds.

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.