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

Defense World ·  Jan 16, 2023 03:31

StockNews.com began coverage on shares of Professional Diversity Network (NASDAQ:IPDN – Get Rating) in a research report issued on Monday. The brokerage set a "hold" rating on the information services provider's stock.

Professional Diversity Network Stock Performance

Shares of IPDN opened at $3.07 on Monday. The firm has a market capitalization of $27.09 million, a price-to-earnings ratio of -6.14 and a beta of 18.90. The business's fifty day moving average price is $1.07 and its two-hundred day moving average price is $0.90. Professional Diversity Network has a 52 week low of $0.92 and a 52 week high of $3.08.

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Professional Diversity Network (NASDAQ:IPDN – Get Rating) last announced its quarterly earnings data on Monday, November 14th. The information services provider reported ($0.07) EPS for the quarter. The firm had revenue of $2.12 million during the quarter. Professional Diversity Network had a negative net margin of 42.39% and a negative return on equity of 121.26%.

Professional Diversity Network Company Profile

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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 offers 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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