Garden State Investment Advisory Services LLC Invests $492,000 in Issuer Direct Co. (NYSE:ISDR)

Garden State Investment Advisory Services LLC bought a new stake in Issuer Direct Co. (NYSE:ISDR) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). 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 1.08% of Issuer Direct at the end of the most recent reporting period.

Separately, Bard Associates Inc. increased its stake in Issuer Direct by 14.2% in the 3rd quarter. Bard Associates Inc. now owns 133,805 shares of the company’s stock valued at $1,599,000 after buying an additional 16,620 shares during the last quarter. 50.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Issuer Direct in a research note on Wednesday, November 27th. They issued a “hold” rating on the stock.

Issuer Direct Stock Performance

NYSE ISDR opened at $10.00 on Monday. The business’s fifty day moving average is $10.32 and its 200-day moving average is $9.71. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a market capitalization of $38.34 million, a price-to-earnings ratio of -28.57 and a beta of 0.77. Issuer Direct Co. has a one year low of $7.61 and a one year high of $19.03.

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.