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

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

Issuer Direct Price 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 firm has a fifty day moving average price of $9.36 and a 200-day moving average price of $9.78. The company has a market cap of $35.35 million, a P/E 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 $16.92.

Hedge Funds Weigh In On Issuer Direct

An institutional investor recently bought a new position in Issuer Direct stock. Garden State Investment Advisory Services LLC bought a new stake in shares of Issuer Direct Co. (NYSE:ISDR) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 41,200 shares of the company’s stock, valued at approximately $492,000. Garden State Investment Advisory Services LLC owned approximately 1.08% of Issuer Direct at the end of the most recent reporting period. Hedge funds and other institutional investors own 50.02% of the company’s stock.

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.