Equities researchers at StockNews.com initiated coverage on shares of Professional Diversity Network (NASDAQ:IPDN – Get Rating) in a research report issued on Thursday. The brokerage sets a “hold” rating on the information services provider’s stock.
Professional Diversity Network Stock Down 2.5 %
Shares of IPDN opened at $0.49 on Thursday. Professional Diversity Network has a 52-week low of $0.49 and a 52-week high of $1.14. The company has a 50-day simple moving average of $0.83 and a 200-day simple moving average of $0.80. The company has a market capitalization of $8.18 million, a PE ratio of -1.96 and a beta of 17.53.
About Professional Diversity Network
Professional Diversity Network, Inc operates online professional networking communities with career resources in the United States. It operates in three segments: Professional Diversity Network (PDN Network), National Association of Professional Women (NAPW Network), and RemoteMore USA (RemoteMore). The company offers online professional job seeking communities that offer recruitment services, such as single and multiple job postings, recruitment media, talent recruitment communities, corporate memberships, hiring campaign marketing and advertising, e-newsletter marketing, and research and outreach services to various cultural groups and employers.
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