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

StockNews.com assumed coverage on shares of Issuer Direct (NYSE:ISDR) in a report issued on Sunday morning. The firm issued a hold rating on the stock.

Issuer Direct Price Performance

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 company’s 50-day moving average price is $9.36 and its 200 day moving average price is $9.78. Issuer Direct has a one year low of $7.61 and a one year high of $16.92. The firm has a market capitalization of $35.35 million, a PE ratio of 20.49 and a beta of 0.77.

Hedge Funds 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 position in Issuer Direct Co. (NYSE:ISDR) during the third quarter, according to its most recent 13F filing with the Securities and 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 1.08% of Issuer Direct as of its most recent filing with the Securities and Exchange Commission. 50.02% of the stock is owned by institutional investors and hedge funds.

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.