ACCESS Newswire (NYSEAMERICAN:ACCS) Trading Down 0.4% – Here’s Why

ACCESS Newswire Inc. (NYSEAMERICAN:ACCS)’s stock price was down 0.4% during trading on Tuesday . The company traded as low as $7.26 and last traded at $7.26. Approximately 14,945 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 22,739 shares. The stock had previously closed at $7.29.

ACCESS Newswire Trading Down 1.5%

The firm has a 50 day moving average of $8.28 and a 200 day moving average of $9.15. The firm has a market cap of $27.40 million, a PE ratio of -5.09 and a beta of 0.85. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.06.

Institutional Investors Weigh In On ACCESS Newswire

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Geode Capital Management LLC bought a new position in ACCESS Newswire during the second quarter worth about $362,000. Bridgeway Capital Management LLC bought a new stake in shares of ACCESS Newswire in the second quarter valued at approximately $163,000. Topline Capital Management LLC purchased a new stake in shares of ACCESS Newswire during the 2nd quarter valued at approximately $8,724,000. Herald Investment Management Ltd purchased a new stake in shares of ACCESS Newswire during the 3rd quarter valued at approximately $956,000. Finally, Bard Associates Inc. boosted its holdings in ACCESS Newswire by 1.9% in the 3rd quarter. Bard Associates Inc. now owns 134,452 shares of the company’s stock worth $1,443,000 after buying an additional 2,511 shares during the period. 50.02% of the stock is currently owned by institutional investors.

ACCESS Newswire 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.