Professional Diversity Network (NASDAQ:IPDN) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Professional Diversity Network, Inc. (NASDAQ:IPDNGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.98 and traded as low as $1.72. Professional Diversity Network shares last traded at $1.72, with a volume of 8,795 shares changing hands.

Analysts Set New Price Targets

Separately, Wall Street Zen initiated coverage on shares of Professional Diversity Network in a report on Friday, May 16th. They issued a “sell” rating on the stock.

Read Our Latest Report on Professional Diversity Network

Professional Diversity Network Trading Down 3.9%

The stock has a market capitalization of $3.58 million, a PE ratio of -0.99 and a beta of 15.78. The firm’s fifty day moving average is $1.53 and its 200-day moving average is $2.98.

Professional Diversity Network (NASDAQ:IPDNGet Free Report) last issued its quarterly earnings data on Wednesday, May 14th. The information services provider reported ($0.39) earnings per share (EPS) for the quarter. The company had revenue of $1.51 million during the quarter. Professional Diversity Network had a negative net margin of 38.08% and a negative return on equity of 77.53%.

Professional Diversity Network Company Profile

(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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