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

StockNews.com began coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a research note released on Friday morning. The brokerage issued a sell rating on the information services provider’s stock.

Professional Diversity Network Stock Performance

Shares of NASDAQ IPDN opened at $0.75 on Friday. The business’s 50-day simple moving average is $0.78 and its 200-day simple moving average is $0.62. Professional Diversity Network has a 52 week low of $0.42 and a 52 week high of $3.01. The firm has a market cap of $9.86 million, a price-to-earnings ratio of -3.75 and a beta of 12.65.

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).