Issuer Direct (NYSE:ISDR) Earns Buy Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Issuer Direct (NYSE:ISDR) in a research note released on Saturday. The firm issued a buy rating on the stock.

Issuer Direct Price Performance

Shares of ISDR stock traded up $0.07 during trading on Friday, hitting $9.62. The company had a trading volume of 8,033 shares, compared to its average volume of 6,515. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a market capitalization of $36.75 million, a P/E ratio of 48.10 and a beta of 0.73. The stock’s 50-day moving average price is $8.82 and its 200 day moving average price is $11.61. Issuer Direct has a one year low of $7.61 and a one year high of $23.40.

Issuer Direct (NYSE:ISDR) last announced its quarterly earnings data on Thursday, May 9th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.11). Issuer Direct had a net margin of 2.43% and a return on equity of 9.01%. The firm had revenue of $6.96 million for the quarter, compared to analyst estimates of $8.63 million. Equities analysts expect that Issuer Direct will post 0.52 EPS for the current fiscal year.

Insider Buying and Selling at Issuer Direct

In other news, insider Topline Capital Management, Ll acquired 14,062 shares of the stock in a transaction on Monday, May 13th. The stock was acquired at an average cost of $9.83 per share, for a total transaction of $138,229.46. Following the completion of the transaction, the insider now directly owns 577,140 shares in the company, valued at $5,673,286.20. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, insider Topline Capital Management, Ll purchased 14,062 shares of the company’s stock in a transaction dated Monday, May 13th. The stock was bought at an average cost of $9.83 per share, for a total transaction of $138,229.46. Following the purchase, the insider now owns 577,140 shares of the company’s stock, valued at $5,673,286.20. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Topline Capital Partners, Lp purchased 22,469 shares of the company’s stock in a transaction dated Thursday, June 27th. The stock was purchased at an average price of $7.83 per share, with a total value of $175,932.27. Following the completion of the purchase, the insider now directly owns 685,324 shares in the company, valued at approximately $5,366,086.92. The disclosure for this purchase can be found here. Insiders bought a total of 129,273 shares of company stock worth $1,200,126 over the last three months. Corporate 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.