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

Investment analysts at StockNews.com initiated coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a research report issued to clients and investors on Wednesday. The firm set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Stock Performance

IPDN opened at $1.40 on Wednesday. The business’s 50-day simple moving average is $2.10 and its 200 day simple moving average is $4.60. Professional Diversity Network has a 52-week low of $0.97 and a 52-week high of $18.30. The firm has a market capitalization of $2.92 million, a PE ratio of -7.00 and a beta of 10.16.

Professional Diversity Network (NASDAQ:IPDN) last announced its quarterly earnings data on Monday, March 31st. The information services provider reported ($0.55) earnings per share (EPS) for the quarter. Professional Diversity Network had a negative return on equity of 113.38% and a negative net margin of 32.31%. The company had revenue of $1.62 million for the quarter.

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).