Professional Diversity Network (NASDAQ:IPDN) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Professional Diversity Network, Inc. (NASDAQ:IPDNGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.43 and traded as low as $2.39. Professional Diversity Network shares last traded at $2.51, with a volume of 50,806 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Professional Diversity Network in a research note on Friday. They issued a “sell” rating for the company.

View Our Latest Research Report on IPDN

Professional Diversity Network Stock Performance

The firm has a market cap of $4.85 million, a price-to-earnings ratio of -12.55 and a beta of 11.22. The firm has a 50-day moving average price of $3.45 and a two-hundred day moving average price of $5.43.

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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