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

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

Issuer Direct Price Performance

NYSE ISDR opened at $8.81 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $33.78 million, a PE ratio of -25.17 and a beta of 0.74. Issuer Direct has a 12-month low of $7.61 and a 12-month high of $19.03. The company has a 50 day moving average price of $10.00 and a two-hundred day moving average price of $9.70.

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 acquired a new position in shares of Issuer Direct Co. (NYSE:ISDR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 41,200 shares of the company’s stock, valued at approximately $492,000. Garden State Investment Advisory Services LLC owned about 1.07% of Issuer Direct as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds 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.