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

StockNews.com initiated coverage on shares of Issuer Direct (NYSE:ISDR) in a research note published on Sunday morning. The brokerage issued a buy rating on the stock.

Issuer Direct Trading Up 0.8 %

NYSE ISDR traded up $0.08 during mid-day trading on Friday, reaching $9.60. 1,495 shares of the stock were exchanged, compared to its average volume of 11,374. 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 stock has a market cap of $36.64 million, a P/E ratio of 47.60 and a beta of 0.73. The stock has a 50 day simple moving average of $8.77 and a 200-day simple moving average of $11.36. Issuer Direct has a one year low of $7.61 and a one year high of $22.76.

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). The company had revenue of $6.96 million for the quarter, compared to analyst estimates of $8.63 million. Issuer Direct had a return on equity of 9.01% and a net margin of 2.43%. On average, analysts anticipate that Issuer Direct will post 0.52 EPS for the current year.

Insider Transactions at Issuer Direct

In other Issuer Direct news, insider Topline Capital Management, Ll purchased 4,744 shares of Issuer Direct stock in a transaction that occurred on Wednesday, June 26th. The stock was acquired at an average price of $7.80 per share, with a total value of $37,003.20. Following the transaction, the insider now owns 662,855 shares in the company, valued at approximately $5,170,269. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other news, major shareholder Topline Capital Partners, Lp purchased 36,559 shares of the business’s stock in a transaction that occurred on Tuesday, May 28th. The shares were acquired at an average cost of $9.46 per share, for a total transaction of $345,848.14. Following the completion of the acquisition, the insider now owns 643,699 shares in the company, valued at $6,089,392.54. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Topline Capital Management, Ll bought 4,744 shares of the company’s stock in a transaction on Wednesday, June 26th. The shares were purchased at an average cost of $7.80 per share, for a total transaction of $37,003.20. Following the transaction, the insider now owns 662,855 shares in the company, valued at $5,170,269. The disclosure for this purchase can be found here. Insiders have bought 108,184 shares of company stock valued at $991,627 over the last ninety days. 26.08% of the stock is owned by company insiders.

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.