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

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

Professional Diversity Network Stock Performance

NASDAQ:IPDN opened at $0.44 on Wednesday. The stock has a 50-day simple moving average of $0.47 and a 200-day simple moving average of $0.93. The stock has a market cap of $5.14 million, a P/E 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:IPDNGet Free Report) last released its quarterly earnings data on Tuesday, August 13th. The information services provider reported ($0.05) earnings per share (EPS) for the quarter. The business 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%.

About Professional Diversity Network

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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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