Professional Diversity Network (NASDAQ:IPDN) Now Covered by Analysts at StockNews.com

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

Professional Diversity Network Stock Performance

Shares of Professional Diversity Network stock opened at $0.45 on Wednesday. The firm’s 50 day simple moving average is $0.48 and its two-hundred day simple moving average is $0.96. The firm has a market capitalization of $5.25 million, a price-to-earnings ratio of -1.18 and a beta of 11.97. Professional Diversity Network has a 12-month low of $0.42 and a 12-month high of $3.01.

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

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).