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

StockNews.com started coverage on shares of Issuer Direct (NYSE:ISDR) in a research report sent to investors on Sunday morning. The firm issued a buy rating on the stock.

Issuer Direct Stock Down 0.5 %

Shares of NYSE:ISDR opened at $10.20 on Friday. The company has a market capitalization of $38.93 million, a PE ratio of 51.00 and a beta of 0.74. Issuer Direct has a 1 year low of $7.61 and a 1 year high of $19.03. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.82 and a quick ratio of 0.82. The business has a fifty day moving average price of $10.23 and a two-hundred day moving average price of $10.20.

Issuer Direct (NYSE:ISDR) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. Issuer Direct had a positive return on equity of 5.86% and a negative net margin of 1.97%. The business had revenue of $7.69 million for the quarter, compared to the consensus estimate of $7.62 million. Analysts forecast that Issuer Direct will post 0.54 earnings per share for the current year.

Insider Buying and Selling

In other news, major shareholder Topline Capital Partners, Lp acquired 4,114 shares of Issuer Direct stock in a transaction that occurred on Wednesday, August 28th. The stock was bought at an average price of $9.76 per share, with a total value of $40,152.64. Following the completion of the purchase, the insider now owns 709,264 shares in the company, valued at approximately $6,922,416.64. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. In other Issuer Direct news, insider Topline Capital Management, Ll acquired 19,826 shares of the business’s stock in a transaction dated Tuesday, August 27th. The stock was bought at an average price of $9.65 per share, with a total value of $191,320.90. Following the completion of the acquisition, the insider now owns 705,150 shares of the company’s stock, valued at $6,804,697.50. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder Topline Capital Partners, Lp bought 4,114 shares of the stock in a transaction that occurred on Wednesday, August 28th. The stock was bought at an average cost of $9.76 per share, for a total transaction of $40,152.64. Following the completion of the purchase, the insider now directly owns 709,264 shares of the company’s stock, valued at $6,922,416.64. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 26.08% of the stock is owned by 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.