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

StockNews.com assumed coverage on shares of Professional Diversity Network (NASDAQ:IPDNFree Report) in a research note published on Tuesday. The firm issued a sell rating on the information services provider’s stock.

Professional Diversity Network Trading Down 5.9 %

Shares of IPDN opened at $0.70 on Tuesday. Professional Diversity Network has a 52 week low of $0.42 and a 52 week high of $3.01. The firm has a market cap of $9.24 million, a price-to-earnings ratio of -2.41 and a beta of 12.65. The stock has a 50 day moving average of $0.68 and a 200-day moving average of $0.69.

Professional Diversity Network (NASDAQ:IPDNGet Free Report) last released its 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 business had revenue of $1.69 million for the quarter.

About Professional Diversity Network

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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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