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

Equities research analysts at StockNews.com initiated coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a research note issued to investors on Tuesday. The brokerage set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Price Performance

Shares of Professional Diversity Network stock opened at $1.07 on Tuesday. Professional Diversity Network has a 52-week low of $0.97 and a 52-week high of $18.90. The stock has a 50-day simple moving average of $2.41 and a 200-day simple moving average of $4.88. The firm has a market cap of $2.23 million, a price-to-earnings ratio of -5.35 and a beta of 10.16.

Professional Diversity Network (NASDAQ:IPDN) last released its earnings results on Monday, March 31st. The information services provider reported ($0.55) earnings per share for the quarter. Professional Diversity Network had a negative return on equity of 113.38% and a negative net margin of 32.31%. The firm had revenue of $1.62 million for 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).