Professional Diversity Network (NASDAQ:IPDN) Stock Price Passes Below Two Hundred Day Moving Average of $0.90

Shares of Professional Diversity Network, Inc. (NASDAQ:IPDN) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.90 and traded as low as $0.42. Professional Diversity Network shares last traded at $0.43, with a volume of 3,295 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Professional Diversity Network in a research note on Thursday. They set a “sell” rating on the stock.

Professional Diversity Network Price Performance

The business’s fifty day moving average is $0.47 and its 200 day moving average is $0.89. The stock has a market cap of $5.14 million, a PE ratio of -1.16 and a beta of 11.97.

Professional Diversity Network (NASDAQ:IPDN) last released its quarterly earnings results on Tuesday, August 13th. The information services provider reported ($0.05) earnings per share for the quarter. The firm had revenue of $1.69 million during the quarter. Professional Diversity Network had a negative return on equity of 149.58% and a negative net margin of 43.32%.

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).