Professional Diversity Network (NASDAQ:IPDN) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Professional Diversity Network, Inc. (NASDAQ:IPDN) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.81 and traded as low as $0.77. Professional Diversity Network shares last traded at $0.87, with a volume of 20,870 shares.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Professional Diversity Network in a research report on Saturday. They issued a “sell” rating on the stock.

Professional Diversity Network Stock Up 4.7 %

The company has a 50 day moving average of $0.53 and a 200 day moving average of $0.81. The firm has a market cap of $10.15 million, a price-to-earnings ratio of -2.29 and a beta of 11.89.

Professional Diversity Network (NASDAQ:IPDN) last released its earnings results on Tuesday, August 13th. The information services provider reported ($0.05) earnings per share for the quarter. The company had revenue of $1.69 million during the quarter. Professional Diversity Network had a negative return on equity of 149.58% and a negative net margin of 43.32%.

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).