Professional Diversity Network (NASDAQ:IPDN) Shares Pass Below Two Hundred Day Moving Average of $1.71

Professional Diversity Network, Inc. (NASDAQ:IPDN)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.71 and traded as low as $0.46. Professional Diversity Network shares last traded at $0.55, with a volume of 2,939,669 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Professional Diversity Network in a report on Saturday. They set a “sell” rating for the company.

Professional Diversity Network Price Performance

The stock has a market cap of $6.40 million, a price-to-earnings ratio of -1.44 and a beta of 11.79. The firm’s 50-day moving average is $1.02 and its 200 day moving average is $1.71.

Professional Diversity Network (NASDAQ:IPDN) last announced its quarterly earnings results on Wednesday, May 15th. The information services provider reported ($0.07) EPS for the quarter. Professional Diversity Network had a negative return on equity of 186.84% and a negative net margin of 54.12%. The firm had revenue of $1.73 million for the quarter.

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).