Stock Rating Downgrade
The Value Trend Rating for Issuer Direct Corp (NYSEAMERICAN: ISDR) weakened in recent days from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 12/15/23, Issuer Direct Corp (NYSEAMERICAN: ISDR) stock declined slightly by -0.4%, closing at $15.20. However, this decline was accompanied by below average trading volume at 69% of normal. Relative to the market the stock has been weak over the last nine months but has risen 1.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ISDR is expected to be a modest Value Builder.
Issuer Direct has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Issuer Direct has a neutral Appreciation Score of 50 and a slightly negative Power Rating of 34, resulting in the Negative Value Trend Rating.
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