Professional Diversity Network (NASDAQ:IPDN) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Professional Diversity Network, Inc. (NASDAQ:IPDN) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.98 and traded as low as $1.72. Professional Diversity Network shares last traded at $1.72, with a volume of 8,795 shares.

Analyst Ratings Changes

Separately, Wall Street Zen started coverage on Professional Diversity Network in a report on Friday, May 16th. They set a “sell” rating on the stock.

Professional Diversity Network Trading Down 3.9%

The firm has a fifty day moving average price of $1.53 and a 200 day moving average price of $2.98. The firm has a market cap of $3.58 million, a PE ratio of -0.99 and a beta of 15.78.

Professional Diversity Network (NASDAQ:IPDN) last posted its quarterly earnings results on Wednesday, May 14th. The information services provider reported ($0.39) EPS for the quarter. Professional Diversity Network had a negative return on equity of 77.53% and a negative net margin of 38.08%. The company had revenue of $1.51 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).