Issuer Direct (NYSEAMERICAN:ISDR) Shares Cross Above 50-Day Moving Average of $0.00

Issuer Direct Corp (NYSEAMERICAN:ISDR)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.00 and traded as high as $11.61. Issuer Direct shares last traded at $11.60, with a volume of 2,547 shares.

Separately, Zacks Investment Research downgraded shares of Issuer Direct from a “buy” rating to a “hold” rating in a report on Thursday, January 2nd.

Issuer Direct (NYSEAMERICAN:ISDR) last issued its quarterly earnings results on Thursday, October 31st. The information technology services provider reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The business had revenue of $4.02 million for the quarter, compared to analysts’ expectations of $3.84 million.

In other Issuer Direct news, Director William H. Everett sold 2,509 shares of the firm’s stock in a transaction dated Thursday, November 14th. The stock was sold at an average price of $10.60, for a total value of $26,595.40. Following the sale, the director now directly owns 31,219 shares of the company’s stock, valued at approximately $330,921.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Issuer Direct Company Profile (NYSEAMERICAN:ISDR)

Issuer Direct Corporation provides disclosure management solutions, shareholder communications tools, and cloud-based compliance technologies in North America and Europe. It offers products and services that enable companies' to produce and distribute their financial and business communications online and in print.

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