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

Stock analysts at StockNews.com initiated coverage on shares of Issuer Direct (NYSE:ISDRGet Free Report) in a research report issued to clients and investors on Wednesday. The brokerage set a “hold” rating on the stock.

Issuer Direct Stock Up 0.2 %

NYSE ISDR traded up $0.02 during trading on Wednesday, hitting $10.00. The stock had a trading volume of 2,141 shares, compared to its average volume of 11,313. The company has a market capitalization of $38.30 million, a PE ratio of -28.57 and a beta of 0.77. The company’s 50-day moving average price is $10.34 and its two-hundred day moving average price is $9.72. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.80 and a current ratio of 0.80. Issuer Direct has a 12 month low of $7.61 and a 12 month high of $19.03.

Institutional Investors Weigh In On Issuer Direct

An institutional investor recently raised its position in Issuer Direct stock. Bard Associates Inc. increased its holdings in shares of Issuer Direct Co. (NYSE:ISDRFree Report) by 14.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 133,805 shares of the company’s stock after acquiring an additional 16,620 shares during the quarter. Bard Associates Inc. owned about 3.49% of Issuer Direct worth $1,599,000 as of its most recent SEC filing. 50.02% of the stock is currently owned by institutional investors.

Issuer Direct Company Profile

(Get Free Report)

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.

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