StockNews.com Begins Coverage on Professional Diversity Network (NASDAQ:IPDN)

Investment analysts at StockNews.com assumed coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a report issued on Saturday. The brokerage set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Stock Performance

Shares of IPDN stock opened at $0.62 on Friday. The company’s fifty day moving average price is $0.81 and its 200-day moving average price is $0.61. The stock has a market cap of $8.18 million, a PE ratio of -3.10 and a beta of 11.89. Professional Diversity Network has a 12 month low of $0.42 and a 12 month high of $3.01.

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).