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

StockNews.com assumed coverage on shares of Issuer Direct (NYSE:ISDR) in a note issued to investors on Saturday. The brokerage set a “buy” rating on the stock.

Issuer Direct Stock Up 1.4 %

Shares of ISDR stock opened at $11.39 on Friday. Issuer Direct has a 12 month low of $7.61 and a 12 month high of $19.03. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.39. The firm has a market cap of $43.48 million, a PE ratio of 56.95 and a beta of 0.75. The stock has a 50 day moving average of $9.95 and a 200-day moving average of $10.26.

Issuer Direct (NYSE:ISDR) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The firm had revenue of $7.69 million during the quarter, compared to analysts’ expectations of $7.62 million. Issuer Direct had a positive return on equity of 5.86% and a negative net margin of 1.97%. On average, equities analysts predict that Issuer Direct will post 0.54 EPS for the current year.

Insider Buying and Selling at Issuer Direct

In other Issuer Direct news, major shareholder Topline Capital Partners, Lp bought 4,114 shares of the firm’s stock in a transaction dated Wednesday, August 28th. The shares were bought at an average price of $9.76 per share, for a total transaction of $40,152.64. Following the completion of the acquisition, the insider now owns 709,264 shares of the company’s stock, valued at $6,922,416.64. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, major shareholder Topline Capital Partners, Lp acquired 4,114 shares of the company’s stock in a transaction on Wednesday, August 28th. The stock was purchased at an average cost of $9.76 per share, with a total value of $40,152.64. Following the acquisition, the insider now owns 709,264 shares of the company’s stock, valued at approximately $6,922,416.64. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Topline Capital Management, Ll bought 19,826 shares of Issuer Direct stock in a transaction dated Tuesday, August 27th. The stock was acquired at an average cost of $9.65 per share, for a total transaction of $191,320.90. Following the purchase, the insider now directly owns 705,150 shares in the company, valued at approximately $6,804,697.50. The disclosure for this purchase can be found here. 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.