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

Analysts at StockNews.com initiated coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a report issued on Wednesday. The brokerage set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Trading Down 0.6 %

NASDAQ IPDN opened at $0.23 on Wednesday. Professional Diversity Network has a 1-year low of $0.22 and a 1-year high of $2.50. The stock’s 50 day moving average is $0.40 and its two-hundred day moving average is $0.56. The company has a market capitalization of $4.28 million, a price-to-earnings ratio of -1.17 and a beta of 12.61.

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).