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

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

Professional Diversity Network Price Performance

NASDAQ IPDN opened at $1.62 on Friday. Professional Diversity Network has a 52-week low of $0.97 and a 52-week high of $11.20. The firm has a market capitalization of $3.37 million, a price-to-earnings ratio of -8.10 and a beta of 16.21. The company’s fifty day moving average is $1.78 and its two-hundred day moving average is $4.03.

Professional Diversity Network (NASDAQ:IPDN) last announced its quarterly earnings results on Wednesday, May 14th. The information services provider reported ($0.39) earnings per share (EPS) for the quarter. The business had revenue of $1.51 million during the quarter. Professional Diversity Network had a negative net margin of 32.31% and a negative return on equity of 113.38%.

About Professional Diversity Network

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).