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

Equities research analysts at StockNews.com started coverage on shares of Professional Diversity Network (NASDAQ:IPDNGet Free Report) in a research note issued on Sunday. The firm set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Price Performance

NASDAQ IPDN opened at $1.28 on Friday. The stock’s 50 day simple moving average is $1.80 and its 200-day simple moving average is $1.92. The company has a market cap of $14.71 million, a PE ratio of -3.05 and a beta of 14.90. Professional Diversity Network has a 1-year low of $1.07 and a 1-year high of $5.45.

Professional Diversity Network (NASDAQ:IPDNGet Free Report) last posted its quarterly earnings data on Friday, March 29th. The information services provider reported ($0.05) EPS for the quarter. The firm had revenue of $1.96 million during the quarter. Professional Diversity Network had a negative net margin of 56.47% and a negative return on equity of 192.68%.

About Professional Diversity Network

(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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