Professional Diversity Network (NASDAQ:IPDN) Cut to “Sell” at Wall Street Zen

Professional Diversity Network (NASDAQ:IPDN) was downgraded by Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Professional Diversity Network in a research note on Monday. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Professional Diversity Network Stock Performance

Shares of IPDN stock opened at $1.67 on Friday. Professional Diversity Network has a fifty-two week low of $0.97 and a fifty-two week high of $12.39. The firm has a market capitalization of $8.15 million, a price-to-earnings ratio of -0.84 and a beta of 2.21. The stock’s 50-day simple moving average is $3.12 and its 200-day simple moving average is $2.65.

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

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).