StockNews.com began coverage on shares of Professional Diversity Network (NASDAQ:IPDN – Free Report) in a research note released on Monday morning. The firm issued a sell rating on the information services provider’s stock.
Professional Diversity Network Stock Performance
Shares of Professional Diversity Network stock opened at $0.82 on Monday. The company has a market capitalization of $10.82 million, a PE ratio of -2.83 and a beta of 11.89. The company has a 50-day simple moving average of $0.64 and a two-hundred day simple moving average of $0.72. Professional Diversity Network has a one year low of $0.42 and a one year high of $3.01.
Professional Diversity Network (NASDAQ:IPDN – Get Free Report) last announced 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 return on equity of 149.58% and a negative net margin of 43.32%. The business had revenue of $1.69 million for the quarter.
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).
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