Professional Diversity Network (NASDAQ:IPDN) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Professional Diversity Network, Inc. (NASDAQ:IPDN)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2.66 and traded as low as $1.86. Professional Diversity Network shares last traded at $1.96, with a volume of 130,077 shares.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on IPDN shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Professional Diversity Network in a report on Monday. Wall Street Zen raised Professional Diversity Network to a “hold” rating in a research report on Saturday, September 20th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Professional Diversity Network currently has an average rating of “Sell”.

Professional Diversity Network Stock Up 2.1%

The company has a market cap of $9.56 million, a P/E ratio of -0.98 and a beta of 2.21. The company has a fifty day moving average of $3.19 and a 200 day moving average of $2.66.

Professional Diversity Network (NASDAQ:IPDN) last announced its earnings results on Friday, November 14th. The information services provider reported ($0.83) earnings per share (EPS) for the quarter. Professional Diversity Network had a negative return on equity of 81.86% and a negative net margin of 67.01%.The firm had revenue of $1.73 million during 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).