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

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

Professional Diversity Network Stock Performance

NASDAQ IPDN opened at $1.60 on Wednesday. The company has a market cap of $3.33 million, a PE ratio of -8.00 and a beta of 10.16. The firm’s 50 day moving average price is $1.95 and its 200-day moving average price is $4.49. Professional Diversity Network has a 52-week low of $0.97 and a 52-week high of $16.70.

Professional Diversity Network (NASDAQ:IPDN) last issued its quarterly earnings data on Monday, March 31st. The information services provider reported ($0.55) earnings per share for the quarter. The company had revenue of $1.62 million for the quarter. Professional Diversity Network had a negative net margin of 32.31% and a negative return on equity of 113.38%.

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).