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

by · The Cerbat Gem

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

Issuer Direct Price Performance

Shares of NYSE ISDR opened at $11.95 on Friday. Issuer Direct has a twelve month low of $7.61 and a twelve month high of $19.03. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $45.61 million, a price-to-earnings ratio of 56.95 and a beta of 0.75. The business has a 50 day simple moving average of $9.95 and a 200-day simple moving average of $10.24.

Issuer Direct (NYSE:ISDR – Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $7.62 million. As a group, equities research analysts expect that Issuer Direct will post 0.54 earnings per share for the current year.

Insider Buying and Selling

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

About Issuer Direct

(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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