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

Analysts at StockNews.com initiated coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a research report issued on Friday. The firm set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Stock Performance

NASDAQ:IPDN opened at $0.38 on Friday. The stock’s 50-day simple moving average is $0.55 and its 200 day simple moving average is $0.59. Professional Diversity Network has a 52-week low of $0.36 and a 52-week high of $3.01. The company has a market cap of $5.58 million, a P/E ratio of -1.91 and a beta of 13.45.

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).