Professional Diversity Network (NASDAQ:IPDN) Coverage Initiated by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a research report released on Sunday morning. The firm issued a sell rating on the information services provider’s stock.

Professional Diversity Network Stock Performance

Shares of Professional Diversity Network stock opened at $0.90 on Friday. Professional Diversity Network has a 52-week low of $0.42 and a 52-week high of $3.01. The company’s 50 day moving average price is $0.56 and its 200-day moving average price is $0.76. The stock has a market capitalization of $10.51 million, a price-to-earnings ratio of -2.37 and a beta of 11.89.

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

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).