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

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

Professional Diversity Network Price Performance

NASDAQ IPDN opened at $0.45 on Tuesday. The firm has a market cap of $5.20 million, a PE ratio of -1.17 and a beta of 11.97. The business’s fifty day simple moving average is $0.48 and its 200-day simple moving average is $1.00. Professional Diversity Network has a 52 week low of $0.42 and a 52 week high of $3.01.

Professional Diversity Network (NASDAQ:IPDNGet Free Report) last posted its earnings results on Tuesday, August 13th. The information services provider reported ($0.05) EPS for the quarter. The company had revenue of $1.69 million during the quarter. Professional Diversity Network had a negative net margin of 43.32% and a negative return on equity of 149.58%.

About Professional Diversity Network

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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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