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

Stock analysts at 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

IPDN stock opened at $0.38 on Monday. The firm has a fifty day moving average price of $0.44 and a two-hundred day moving average price of $0.57. Professional Diversity Network has a 1-year low of $0.32 and a 1-year high of $2.50. The firm has a market cap of $6.91 million, a price-to-earnings ratio of -1.89 and a beta of 12.61.

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).