StockNews.com Initiates Coverage on Professional Diversity Network (NASDAQ:IPDN)

StockNews.com assumed coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a report published on Thursday. The firm issued a sell rating on the information services provider’s stock.

Professional Diversity Network Trading Up 7.0 %

Shares of IPDN stock opened at $0.80 on Thursday. 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 is $0.75 and its 200-day moving average is $0.63. The firm has a market capitalization of $10.56 million, a price-to-earnings ratio of -4.00 and a beta of 12.65.

About Professional Diversity Network

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).