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

StockNews.com began coverage on shares of Issuer Direct (NYSE:ISDRGet Free Report) in a research report issued on Sunday. The brokerage set a “buy” rating on the stock.

Issuer Direct Stock Up 0.7 %

Issuer Direct stock opened at $9.03 on Friday. The firm has a market cap of $34.49 million, a price-to-earnings ratio of 45.15 and a beta of 0.78. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.84 and a quick ratio of 0.84. Issuer Direct has a fifty-two week low of $8.71 and a fifty-two week high of $23.40. The firm has a fifty day moving average price of $10.60 and a two-hundred day moving average price of $13.34.

Issuer Direct (NYSE:ISDRGet Free Report) last released its 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 firm 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%. As a group, analysts forecast that Issuer Direct will post 0.52 earnings per share for the current year.

Insider Activity

In other Issuer Direct news, Director Graeme P. Rein purchased 4,131 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The stock was purchased at an average price of $11.98 per share, with a total value of $49,489.38. Following the completion of the transaction, the director now directly owns 201,745 shares of the company’s stock, valued at approximately $2,416,905.10. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, insider Topline Capital Management, Ll acquired 14,412 shares of the firm’s stock in a transaction on Wednesday, May 29th. The shares were purchased at an average cost of $9.28 per share, with a total value of $133,743.36. Following the completion of the purchase, the insider now owns 658,111 shares of the company’s stock, valued at $6,107,270.08. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Graeme P. Rein acquired 4,131 shares of the firm’s stock in a transaction on Thursday, March 21st. The shares were purchased at an average cost of $11.98 per share, for a total transaction of $49,489.38. Following the completion of the purchase, the director now directly owns 201,745 shares of the company’s stock, valued at approximately $2,416,905.10. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 106,691 shares of company stock valued at $1,042,715. Insiders own 26.08% of the company’s stock.

Issuer Direct Company Profile

(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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