Professional Diversity Network (NASDAQ:IPDN) Coverage Initiated by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a report released on Wednesday. The brokerage set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Price Performance

Shares of NASDAQ:IPDN opened at $0.73 on Wednesday. The firm has a market cap of $9.57 million, a P/E ratio of -2.50 and a beta of 12.65. Professional Diversity Network has a 12-month low of $0.42 and a 12-month high of $3.01. The business has a fifty day simple moving average of $0.69 and a 200 day simple moving average of $0.66.

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 (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 company had revenue of $1.69 million for the quarter.

Professional Diversity Network Company Profile

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).