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

Analysts at StockNews.com initiated coverage on shares of Issuer Direct (NYSE:ISDR) in a report released on Monday. The brokerage set a “hold” rating on the stock.

Issuer Direct Price Performance

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 PE ratio of 20.49 and a beta of 0.77. Issuer Direct has a fifty-two week low of $7.61 and a fifty-two week high of $15.46. The stock has a 50-day moving average price of $9.36 and a 200-day moving average price of $9.78.

Institutional Investors Weigh In On Issuer Direct

An institutional investor recently bought a new position in Issuer Direct stock. Garden State Investment Advisory Services LLC purchased a new stake in shares of Issuer Direct Co. (NYSE:ISDR) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 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. Hedge funds and other institutional investors 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.