Professional Diversity Network (NASDAQ:IPDN) Earns Sell Rating from Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a report released on Saturday. The firm set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Stock Performance

Professional Diversity Network stock opened at $1.83 on Friday. The business’s 50-day simple moving average is $1.84 and its two-hundred day simple moving average is $1.93. The company has a market cap of $20.95 million, a PE ratio of -4.36 and a beta of 12.79. Professional Diversity Network has a fifty-two week low of $1.07 and a fifty-two week high of $5.50.

Professional Diversity Network (NASDAQ:IPDN) last issued its quarterly earnings data on Friday, March 29th. The information services provider reported ($0.05) earnings per share (EPS) for the quarter. The company 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).