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

StockNews.com started coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a research note issued to investors on Monday. The brokerage set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Price Performance

Shares of IPDN stock opened at $0.41 on Monday. Professional Diversity Network has a 12-month low of $0.40 and a 12-month high of $3.01. The firm has a market capitalization of $5.96 million, a price-to-earnings ratio of -2.04 and a beta of 11.94. The business has a 50 day simple moving average of $0.73 and a 200 day simple moving average of $0.60.

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).