Issuer Direct (NYSE:ISDR) Receives New Coverage from Analysts at StockNews.com

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

Issuer Direct Price Performance

Shares of Issuer Direct stock traded up $0.07 during trading on Friday, hitting $9.62. The stock 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 current ratio of 0.84 and a quick ratio of 0.84. The firm has a market cap of $36.75 million, a P/E ratio of 48.10 and a beta of 0.73. The business has a fifty day moving average of $8.82 and a two-hundred day moving average of $11.61. Issuer Direct has a fifty-two week low of $7.61 and a fifty-two week high of $23.40.

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

Insider Transactions at Issuer Direct

In other Issuer Direct news, insider Topline Capital Management, Ll purchased 7,027 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The shares were purchased at an average cost of $10.00 per share, with a total value of $70,270.00. Following the completion of the transaction, the insider now owns 563,078 shares of the company’s stock, valued at $5,630,780. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Issuer Direct news, insider Topline Capital Management, Ll purchased 7,027 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The shares were purchased at an average cost of $10.00 per share, with a total value of $70,270.00. Following the completion of the transaction, the insider now owns 563,078 shares of the company’s stock, valued at $5,630,780. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Topline Capital Partners, Lp bought 36,559 shares of the company’s stock in a transaction on Tuesday, May 28th. The stock was purchased at an average cost of $9.46 per share, for a total transaction of $345,848.14. Following the completion of the transaction, the insider now owns 643,699 shares in the company, valued at $6,089,392.54. The disclosure for this purchase can be found here. Insiders have purchased 129,273 shares of company stock valued at $1,200,126 over the last three months. Company insiders own 26.08% 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.