Professional Diversity Network (NASDAQ:IPDN) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Shares of Professional Diversity Network, Inc. (NASDAQ:IPDNGet Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.56 and traded as low as $0.18. Professional Diversity Network shares last traded at $0.21, with a volume of 617,866 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Professional Diversity Network in a research note on Thursday. They issued a “sell” rating on the stock.

Check Out Our Latest Analysis on IPDN

Professional Diversity Network Trading Up 1.8 %

The firm has a market cap of $4.07 million, a price-to-earnings ratio of -1.05 and a beta of 11.25. The firm has a 50-day moving average of $0.38 and a two-hundred day moving average of $0.56.

About Professional Diversity Network

(Get Free Report)

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).

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