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

Investment analysts at StockNews.com assumed coverage on shares of Professional Diversity Network (NASDAQ:IPDN) in a research note issued on Friday. The brokerage set a “sell” rating on the information services provider’s stock.

Professional Diversity Network Stock Down 2.4 %

Shares of IPDN stock opened at $2.45 on Friday. Professional Diversity Network has a 12 month low of $1.76 and a 12 month high of $25.00. The business’s 50 day moving average is $3.41 and its two-hundred day moving average is $5.42. The company has a market cap of $4.74 million, a PE ratio of -12.25 and a beta of 11.22.

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).