Issuer Direct (NYSE:ISDR) Now Covered by StockNews.com

StockNews.com began coverage on shares of Issuer Direct (NYSE:ISDR) in a research report sent to investors on Thursday. The firm issued a buy rating on the stock.

Issuer Direct Stock Up 1.2 %

Issuer Direct stock opened at $10.66 on Thursday. The business has a fifty day moving average of $9.53 and a two-hundred day moving average of $10.52. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.39. The firm has a market cap of $40.83 million, a P/E ratio of 53.30 and a beta of 0.75. Issuer Direct has a twelve month low of $7.61 and a twelve month high of $20.94.

Issuer Direct (NYSE:ISDR) last posted its earnings results on Thursday, August 8th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. The company had revenue of $7.69 million during the quarter, compared to analyst estimates of $7.62 million. Issuer Direct had a positive return on equity of 5.86% and a negative net margin of 1.97%. On average, analysts forecast that Issuer Direct will post 0.54 earnings per share for the current fiscal year.

Insider Activity

In other Issuer Direct news, major shareholder Topline Capital Partners, Lp acquired 4,114 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The stock was purchased at an average price of $9.76 per share, for a total transaction of $40,152.64. Following the acquisition, the insider now owns 709,264 shares in the company, valued at approximately $6,922,416.64. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other Issuer Direct news, major shareholder Topline Capital Partners, Lp acquired 4,114 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The stock was purchased at an average price of $9.76 per share, for a total transaction of $40,152.64. Following the acquisition, the insider now owns 709,264 shares in the company, valued at approximately $6,922,416.64. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Topline Capital Management, Ll acquired 4,744 shares of the firm’s stock in a transaction dated Wednesday, June 26th. The shares were acquired at an average price of $7.80 per share, with a total value of $37,003.20. Following the acquisition, the insider now owns 662,855 shares in the company, valued at approximately $5,170,269. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 51,153 shares of company stock worth $444,409. Insiders own 26.08% of the company’s stock.

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.