Professional Diversity Network (NASDAQ:IPDN) Earns Sell Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a report published on Tuesday. The firm issued a sell rating on the information services provider’s stock.

Professional Diversity Network Price Performance

Shares of IPDN stock opened at $0.74 on Tuesday. Professional Diversity Network has a 12-month low of $0.42 and a 12-month high of $3.01. The firm has a market capitalization of $9.82 million, a price-to-earnings ratio of -2.57 and a beta of 12.65. The business has a 50 day simple moving average of $0.68 and a 200 day simple moving average of $0.70.

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 (EPS) for the quarter. The business had revenue of $1.69 million for the quarter. Professional Diversity Network had a negative return on equity of 149.58% and a negative net margin of 43.32%.

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).