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

StockNews.com began coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a research report released on Monday morning. The firm issued a sell rating on the information services provider’s stock.

Professional Diversity Network Stock Down 1.8 %

Shares of Professional Diversity Network stock opened at $0.49 on Monday. The firm has a market cap of $5.74 million, a price-to-earnings ratio of -1.29 and a beta of 13.04. The business has a fifty day simple moving average of $0.68 and a 200-day simple moving average of $1.54. Professional Diversity Network has a fifty-two week low of $0.44 and a fifty-two week high of $3.35.

Professional Diversity Network (NASDAQ:IPDN) last announced its quarterly earnings data on Wednesday, May 15th. The information services provider reported ($0.07) earnings per share for the quarter. The firm had revenue of $1.73 million during the quarter. Professional Diversity Network had a negative net margin of 54.12% and a negative return on equity of 186.84%.

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).