Professional Diversity Network (NASDAQ:IPDN) Stock Price Crosses Below Two Hundred Day Moving Average of $0.90

Shares of Professional Diversity Network, Inc. (NASDAQ:IPDN) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.90 and traded as low as $0.42. Professional Diversity Network shares last traded at $0.43, with a volume of 3,295 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Professional Diversity Network in a report on Thursday. They issued a “sell” rating for the company.

Professional Diversity Network Stock Performance

The firm’s 50 day moving average is $0.47 and its 200-day moving average is $0.90. The stock has a market capitalization of $5.02 million, a price-to-earnings ratio of -1.13 and a beta of 11.97.

Professional Diversity Network (NASDAQ:IPDN) last issued its quarterly earnings data 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 firm had revenue of $1.69 million during 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).