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

StockNews.com assumed coverage on shares of Issuer Direct (NYSE:ISDR) in a research report sent to investors on Sunday. The brokerage issued a hold rating on the stock.

Issuer Direct Price Performance

Issuer Direct has a 52-week low of $7.61 and a 52-week high of $16.92. 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 business has a 50-day simple moving average of $9.36 and a 200-day simple moving average of $9.78. The firm has a market capitalization of $35.35 million, a price-to-earnings ratio of 20.49 and a beta of 0.77.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Issuer Direct stock. Bard Associates Inc. grew its holdings in Issuer Direct Co. (NYSE:ISDR) by 14.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 133,805 shares of the company’s stock after buying an additional 16,620 shares during the quarter. Bard Associates Inc. owned approximately 3.49% of Issuer Direct worth $1,599,000 at the end of the most recent reporting period. 50.02% of the stock is currently 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.