Professional Diversity Network (NASDAQ:IPDN) Announces Quarterly Earnings Results

Professional Diversity Network (NASDAQ:IPDN) released its quarterly earnings results on Friday. The information services provider reported ($0.83) EPS for the quarter, FiscalAI reports. The company had revenue of $1.73 million for the quarter. Professional Diversity Network had a negative return on equity of 65.71% and a negative net margin of 37.18%.

Professional Diversity Network Price Performance

Shares of IPDN traded down $0.15 during trading hours on Friday, hitting $1.94. 103,975 shares of the company were exchanged, compared to its average volume of 613,624. The company has a market capitalization of $9.06 million, a PE ratio of -1.32 and a beta of 2.21. The firm has a fifty day simple moving average of $3.27 and a 200-day simple moving average of $2.64. Professional Diversity Network has a one year low of $0.97 and a one year high of $12.39.

Analyst Upgrades and Downgrades

Several brokerages recently commented on IPDN. Weiss Ratings reissued a “sell (d-)” rating on shares of Professional Diversity Network in a report on Tuesday. Wall Street Zen raised Professional Diversity Network to a “hold” rating in a research note on Saturday, September 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

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).