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

StockNews.com started coverage on shares of Issuer Direct (NYSE:ISDR) in a research note issued to investors on Saturday morning. The brokerage issued a hold rating on the stock.

Issuer Direct Stock Performance

Issuer Direct has a fifty-two week low of $7.61 and a fifty-two week high of $12.48. 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 firm has a fifty day moving average price of $9.36 and a two-hundred day moving average price of $9.78. The stock 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

A hedge fund recently bought a new stake in Issuer Direct stock. Garden State Investment Advisory Services LLC acquired a new stake in Issuer Direct Co. (NYSE:ISDR) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent reporting period. 50.02% of the stock is 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.