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

by · The Markets Daily

Analysts at StockNews.com initiated coverage on shares of Professional Diversity Network (NASDAQ:IPDN – Get Free Report) in a report issued on Thursday. The brokerage set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Price Performance

IPDN stock opened at $0.44 on Thursday. The company has a 50 day simple moving average of $0.47 and a 200 day simple moving average of $0.89. The stock has a market cap of $5.14 million, a price-to-earnings ratio of -1.16 and a beta of 11.97. Professional Diversity Network has a 1 year low of $0.42 and a 1 year high of $3.01.

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

Professional Diversity Network Company Profile

(Get Free Report)

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).

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