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

Stock analysts at StockNews.com assumed coverage on shares of Issuer Direct (NYSE:ISDR) in a report released on Friday. The firm set a “hold” rating on the stock.

Issuer Direct Price Performance

Issuer Direct has a 1 year low of $7.61 and a 1 year high of $12.70. The firm has a market cap of $35.35 million, a PE ratio of 20.49 and a beta of 0.77. The firm has a 50 day simple moving average of $9.36 and a 200 day simple moving average of $9.78. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 0.37.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Issuer Direct stock. Garden State Investment Advisory Services LLC acquired a new stake in Issuer Direct Co. (NYSE:ISDR) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 41,200 shares of the company’s stock, valued at approximately $492,000. Garden State Investment Advisory Services LLC owned 1.07% of Issuer Direct as of its most recent SEC filing. 50.02% of the stock is currently owned by institutional investors.

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.