Professional Diversity Network (NASDAQ:IPDN) Stock Rating Lowered by Wall Street Zen

Professional Diversity Network (NASDAQ:IPDN) was downgraded by analysts at Wall Street Zen to a “strong sell” rating in a research report issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Professional Diversity Network in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating. According to MarketBeat, Professional Diversity Network has a consensus rating of “Sell”.

Professional Diversity Network Price Performance

IPDN opened at $2.66 on Friday. The firm’s fifty day simple moving average is $4.46 and its two-hundred day simple moving average is $14.68. Professional Diversity Network has a 52-week low of $2.65 and a 52-week high of $125.70. The company has a market cap of $1.77 million, a price-to-earnings ratio of -0.05 and a beta of 1.59.

About Professional Diversity Network

Professional Diversity Network, Inc is a workforce development and recruitment company that operates online platforms designed to connect employers with diverse professionals and job seekers. The company focuses on helping organizations strengthen their diversity hiring efforts while providing professionals with employment resources, career information and networking opportunities.

Its services have included online job listings, recruitment advertising, professional networking, career development resources and targeted outreach to groups that have historically been underrepresented in the workforce.