StockNews.com initiated coverage on shares of Professional Diversity Network (NASDAQ:IPDN – Free Report) in a report released on Wednesday morning. The firm issued a sell rating on the information services provider’s stock.
Professional Diversity Network Price Performance
Shares of NASDAQ:IPDN opened at $0.95 on Wednesday. The stock’s 50 day moving average price is $0.72 and its 200 day moving average price is $0.66. The stock has a market cap of $12.54 million, a price-to-earnings ratio of -3.28 and a beta of 12.65. Professional Diversity Network has a 12 month low of $0.42 and a 12 month high of $3.01.
Professional Diversity Network (NASDAQ:IPDN – Get Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The information services provider reported ($0.05) earnings per share for the quarter. Professional Diversity Network had a negative net margin of 43.32% and a negative return on equity of 149.58%. The firm had revenue of $1.69 million during 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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