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

StockNews.com started coverage on shares of Issuer Direct (NYSE:ISDR) in a research report released on Thursday. The brokerage issued a buy rating on the stock.

Issuer Direct Stock Up 0.9 %

Shares of ISDR stock opened at $9.94 on Thursday. 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 has a market cap of $37.94 million, a P/E ratio of 49.70 and a beta of 0.88. The company has a 50 day simple moving average of $11.64 and a two-hundred day simple moving average of $14.07.

Issuer Direct (NYSE:ISDR) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.11). The company had revenue of $6.96 million during the quarter, compared to analysts’ expectations of $8.63 million. Issuer Direct had a return on equity of 9.01% and a net margin of 2.43%. On average, research analysts expect that Issuer Direct will post 0.79 earnings per share for the current year.

Insider Activity

In other news, major shareholder Topline Capital Partners, Lp bought 10,498 shares of Issuer Direct stock in a transaction that occurred on Friday, March 15th. The stock was bought at an average cost of $11.90 per share, with a total value of $124,926.20. Following the acquisition, the insider now owns 556,051 shares of the company’s stock, valued at approximately $6,617,006.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Issuer Direct news, insider Topline Capital Management, Ll purchased 14,062 shares of the stock in a transaction that occurred on Monday, May 13th. The shares were bought at an average cost of $9.83 per share, with a total value of $138,229.46. Following the acquisition, 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 Securities & Exchange Commission, which can be accessed through the SEC website. 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 acquired at an average price of $11.90 per share, with a total value of $124,926.20. Following the completion of the purchase, the insider now directly owns 556,051 shares in the company, valued at $6,617,006.90. The disclosure for this purchase can be found here. Insiders have purchased a total of 78,832 shares of company stock valued at $838,283 in the last ninety days. Corporate 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.