StockNews.com Begins Coverage on Issuer Direct (NYSE:ISDR)

Stock analysts at StockNews.com began coverage on shares of Issuer Direct (NYSE:ISDR) in a note issued to investors on Thursday. The firm set a “hold” rating on the stock.

Issuer Direct Price Performance

Issuer Direct has a 52 week low of $7.61 and a 52 week high of $16.92. The stock’s 50 day moving average price is $9.36 and its 200 day moving average price is $9.78. 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 cap of $35.35 million, a price-to-earnings ratio of 20.49 and a beta of 0.77.

Institutional Trading of Issuer Direct

An institutional investor recently raised its position in Issuer Direct stock. Bard Associates Inc. boosted its position in Issuer Direct Co. (NYSE:ISDR) by 14.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 133,805 shares of the company’s stock after buying an additional 16,620 shares during the period. Bard Associates Inc. owned approximately 3.49% of Issuer Direct worth $1,599,000 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 50.02% 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.