Professional Diversity Network (NASDAQ:IPDN) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a research note issued to investors on Thursday. The firm set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Price Performance

Shares of IPDN opened at $2.29 on Thursday. The stock’s 50-day moving average is $0.41 and its two-hundred day moving average is $0.57. The stock has a market cap of $44.27 million, a PE ratio of -11.45 and a beta of 11.25. Professional Diversity Network has a 12 month low of $1.76 and a 12 month high of $25.00.

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).