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

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

Professional Diversity Network Trading Down 2.4 %

Shares of IPDN stock opened at $0.83 on Friday. The firm has a market capitalization of $9.68 million, a price-to-earnings ratio of -2.18 and a beta of 11.89. The business’s 50-day moving average price is $0.53 and its 200-day moving average price is $0.79. Professional Diversity Network has a 12 month low of $0.42 and a 12 month high of $3.01.

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

Professional Diversity Network Company Profile

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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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