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

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

Professional Diversity Network Stock Down 3.0 %

NASDAQ IPDN opened at $2.29 on Thursday. The company’s 50 day moving average is $0.45 and its 200-day moving average is $0.58. Professional Diversity Network has a 12-month low of $1.76 and a 12-month high of $25.00. The firm has a market cap of $44.27 million, a P/E ratio of -11.45 and a beta of 11.25.

Professional Diversity Network Company Profile

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).