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

StockNews.com began coverage on shares of Issuer Direct (NYSE:ISDR) in a research note issued to investors on Friday. The firm issued a hold rating on the stock.

Issuer Direct Stock Performance

The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.80 and a current ratio of 0.80. The company has a market capitalization of $35.35 million, a P/E ratio of 20.49 and a beta of 0.77. The business has a 50-day moving average price of $9.36 and a two-hundred day moving average price of $9.78. Issuer Direct has a twelve month low of $7.61 and a twelve month high of $12.70.

Hedge Funds Weigh In On Issuer Direct

A hedge fund recently bought a new stake in Issuer Direct stock. Garden State Investment Advisory Services LLC acquired a new stake in shares of Issuer Direct Co. (NYSE:ISDR) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 41,200 shares of the company’s stock, valued at approximately $492,000. Garden State Investment Advisory Services LLC owned approximately 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.