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

Research analysts at StockNews.com assumed coverage on shares of Professional Diversity Network (NASDAQ:IPDNGet Free Report) in a research report issued on Monday. The firm set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Price Performance

NASDAQ IPDN opened at $0.48 on Monday. The company has a fifty day moving average of $0.73 and a two-hundred day moving average of $1.55. The firm has a market capitalization of $5.61 million, a price-to-earnings ratio of -1.26 and a beta of 13.04. Professional Diversity Network has a 52 week low of $0.44 and a 52 week high of $3.63.

Professional Diversity Network (NASDAQ:IPDNGet Free Report) last released its earnings results on Wednesday, May 15th. The information services provider reported ($0.07) earnings per share for the quarter. Professional Diversity Network had a negative return on equity of 186.84% and a negative net margin of 54.12%. The business had revenue of $1.73 million for the quarter.

Professional Diversity Network Company Profile

(Get Free Report)

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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