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

StockNews.com started coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a research note released on Sunday. The firm issued a sell rating on the information services provider’s stock.

Professional Diversity Network Stock Performance

Shares of IPDN opened at $1.21 on Friday. The firm has a market capitalization of $13.90 million, a price-to-earnings ratio of -2.88 and a beta of 14.90. The firm’s fifty day simple moving average is $1.76 and its 200-day simple moving average is $1.91. Professional Diversity Network has a twelve month low of $1.07 and a twelve month high of $5.13.

Professional Diversity Network (NASDAQ:IPDN) last posted its quarterly earnings results on Friday, March 29th. The information services provider reported ($0.05) earnings per share for the quarter. The business had revenue of $1.96 million during the quarter. Professional Diversity Network had a negative net margin of 56.47% and a negative return on equity of 192.68%.

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).