Fri Sep 20 06:43:22 UTC 2024: ## Issuer Direct Receives “Buy” Rating from StockNews.com

**New York, NY (September 20, 2024)** – StockNews.com has initiated coverage on Issuer Direct Corporation (NYSE: ISDR) with a “buy” rating. The financial research firm highlighted the company’s strong financial performance, noting that Issuer Direct exceeded analysts’ expectations in its recent earnings report, posting $0.16 earnings per share (EPS) for the quarter, beating estimates by $0.02. The company also reported revenue of $7.69 million, surpassing analysts’ projections of $7.62 million.

Issuer Direct, a communications and compliance company, provides solutions for public relations and investor relations professionals. Its services include press release distribution, media databases, media monitoring, and newsrooms through its Media Advantage platform. The company also offers ACCESSWIRE, a news dissemination and media outreach service, and Webcaster Platform, a cloud-based webcast platform for live and on-demand streaming events.

StockNews.com analysts anticipate Issuer Direct to post 0.54 EPS for the current year. They cited the company’s robust financial position, reflected in a quick ratio of 0.82, a current ratio of 0.82, and a debt-to-equity ratio of 0.39, as contributing factors to their positive outlook.

Issuer Direct’s stock opened at $10.59 on Friday. The company has a market cap of $40.40 million, a price-to-earnings ratio of 52.93, and a beta of 0.75.

This news comes shortly after StockNews.com initiated coverage on USD Partners (NYSE: USDP) and raised its rating on Amphastar Pharmaceuticals (NASDAQ: AMPH) to “buy.”

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