Professional Diversity Network (NASDAQ:IPDN) Receives New Coverage from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a research report released on Monday morning. The brokerage issued a sell rating on the information services provider’s stock.

Professional Diversity Network Trading Down 3.2 %

Shares of Professional Diversity Network stock opened at $0.94 on Monday. The stock has a market capitalization of $10.96 million, a price-to-earnings ratio of -2.47 and a beta of 11.89. Professional Diversity Network has a 1-year low of $0.42 and a 1-year high of $3.01. The firm’s 50-day moving average price is $0.62 and its two-hundred day moving average price is $0.73.

Professional Diversity Network (NASDAQ:IPDN) last issued its quarterly earnings data on Tuesday, August 13th. The information services provider reported ($0.05) earnings per share for the quarter. The firm had revenue of $1.69 million for the quarter. Professional Diversity Network had a negative return on equity of 149.58% and a negative net margin of 43.32%.

Professional Diversity Network Company Profile

Professional Diversity Network, Inc operates online professional networking communities with career resources in the United States. It operates through three segments: Professional Diversity Network (PDN Network), National Association of Professional Women (NAPW Network), and RemoteMore USA (RemoteMore).