Shares of Professional Diversity Network, Inc. (NASDAQ:IPDN – Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.71 and traded as low as $0.46. Professional Diversity Network shares last traded at $0.55, with a volume of 2,939,669 shares traded.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on Professional Diversity Network in a research note on Saturday. They set a “sell” rating for the company.
Get Our Latest Analysis on IPDN
Professional Diversity Network Stock Performance
Professional Diversity Network (NASDAQ:IPDN – Get Free Report) last announced its earnings results on Wednesday, May 15th. The information services provider reported ($0.07) earnings per share for the quarter. The business had revenue of $1.73 million for the quarter. Professional Diversity Network had a negative return on equity of 186.84% and a negative net margin of 54.12%.
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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