Professional Diversity Network (NASDAQ:IPDN) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com began coverage on shares of Professional Diversity Network (NASDAQ:IPDNGet Free Report) in a note issued to investors on Wednesday. The firm set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Price Performance

NASDAQ:IPDN opened at $0.43 on Wednesday. The firm’s 50-day moving average price is $0.47 and its 200-day moving average price is $0.94. The company has a market capitalization of $4.99 million, a PE ratio of -1.12 and a beta of 11.97. Professional Diversity Network has a 1-year low of $0.42 and a 1-year high of $3.01.

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

About Professional Diversity Network

(Get Free Report)

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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