Issuer Direct (NYSE:ISDR) Now Covered by Analysts at StockNews.com

Analysts at StockNews.com assumed coverage on shares of Issuer Direct (NYSE:ISDR) in a research report issued to clients and investors on Thursday. The firm set a “buy” rating on the stock.

Issuer Direct Trading Up 0.9 %

NYSE:ISDR opened at $9.94 on Thursday. The firm has a market cap of $37.97 million, a P/E ratio of 49.70 and a beta of 0.88. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.42. Issuer Direct has a 12-month low of $9.65 and a 12-month high of $23.40. The stock’s 50 day simple moving average is $11.64 and its 200-day simple moving average is $14.12.

Issuer Direct (NYSE:ISDR) last posted its quarterly earnings results on Thursday, May 9th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates 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%. Equities analysts anticipate that Issuer Direct will post 0.79 EPS for the current year.

Insiders Place Their Bets

In related news, major shareholder Topline Capital Partners, Lp purchased 10,498 shares of the firm’s stock in a transaction on Friday, March 15th. The shares were bought at an average price of $11.90 per share, for a total transaction of $124,926.20. Following the acquisition, the insider now directly owns 556,051 shares in the company, valued at $6,617,006.90. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, insider Topline Capital Management, Ll bought 14,062 shares of the firm’s stock in a transaction dated Monday, May 13th. The stock was bought at an average price of $9.83 per share, for a total transaction of $138,229.46. Following the transaction, the insider now owns 577,140 shares in the company, valued at $5,673,286.20. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, major shareholder Topline Capital Partners, Lp purchased 10,498 shares of the company’s stock in a transaction on Friday, March 15th. The stock was purchased at an average price of $11.90 per share, for a total transaction of $124,926.20. Following the purchase, the insider now directly owns 556,051 shares of the company’s stock, valued at approximately $6,617,006.90. The disclosure for this purchase can be found here. Insiders have acquired a total of 78,832 shares of company stock valued at $838,283 in the last quarter. 26.08% of the stock is currently owned by company insiders.

About Issuer Direct

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.