StockNews.com initiated coverage on shares of Professional Diversity Network (NASDAQ:IPDN – Free Report) in a research report sent to investors on Sunday morning. The firm issued a sell rating on the information services provider’s stock.
Professional Diversity Network Stock Performance
IPDN opened at $1.13 on Friday. The company has a fifty day moving average of $1.74 and a two-hundred day moving average of $1.91. The stock has a market capitalization of $12.99 million, a price-to-earnings ratio of -2.69 and a beta of 14.90. Professional Diversity Network has a fifty-two week low of $1.07 and a fifty-two week high of $5.13.
Professional Diversity Network (NASDAQ:IPDN – Get Free Report) last announced its quarterly earnings results on Friday, March 29th. The information services provider reported ($0.05) earnings per share for the quarter. The business had revenue of $1.96 million during the quarter. Professional Diversity Network had a negative net margin of 56.47% and a negative return on equity of 192.68%.
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).
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