Issuer Direct (NYSEAMERICAN:ISDR) posted its quarterly earnings results on Thursday. The information technology services provider reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.14, MarketWatch Earnings reports.
ISDR stock traded up $3.28 during trading on Friday, reaching $14.98. 131,986 shares of the stock were exchanged, compared to its average volume of 22,588. Issuer Direct has a twelve month low of $8.65 and a twelve month high of $15.50.
Separately, Zacks Investment Research downgraded shares of Issuer Direct from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 2nd.
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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