StockNews.com Begins Coverage on Issuer Direct (NYSE:ISDR)

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

Issuer Direct Price Performance

The company has a market cap of $35.35 million, a PE ratio of 20.49 and a beta of 0.77. Issuer Direct has a 52 week low of $7.61 and a 52 week high of $15.46. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.37. The business’s 50 day simple moving average is $9.36 and its two-hundred day simple moving average is $9.78.

Institutional Investors Weigh In On Issuer Direct

A hedge fund recently raised its stake in Issuer Direct stock. Bard Associates Inc. lifted its holdings in shares of Issuer Direct Co. (NYSE:ISDR) by 14.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 133,805 shares of the company’s stock after purchasing an additional 16,620 shares during the period. Bard Associates Inc. owned about 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.

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.