Professional Diversity Network (NASDAQ:IPDN) Receives Daily Media Impact Score of 0.15
Media coverage about Professional Diversity Network (NASDAQ:IPDN) has been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Professional Diversity Network earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave media stories about the information services provider an impact score of 45.9778755856888 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Separately, ValuEngine lowered Professional Diversity Network from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th.
Professional Diversity Network (NASDAQ:IPDN) opened at 4.21 on Tuesday. The firm’s market cap is $16.55 million. Professional Diversity Network has a 1-year low of $3.83 and a 1-year high of $13.90. The firm’s 50-day moving average price is $5.73 and its 200-day moving average price is $8.35.
Professional Diversity Network (NASDAQ:IPDN) last released its quarterly earnings results on Monday, May 15th. The information services provider reported ($0.80) earnings per share (EPS) for the quarter. Professional Diversity Network had a negative return on equity of 23.86% and a negative net margin of 23.54%. The company had revenue of $5.63 million during the quarter. Equities research analysts anticipate that Professional Diversity Network will post ($2.56) earnings per share for the current fiscal year.
In other Professional Diversity Network news, CEO Maoji Wang bought 18,000 shares of the firm’s stock in a transaction on Friday, June 9th. The stock was acquired at an average price of $8.16 per share, with a total value of $146,880.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have acquired 22,000 shares of company stock valued at $180,080 in the last ninety days. Insiders own 9.20% of the company’s stock.
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About Professional Diversity Network
Professional Diversity Network, Inc is an operator of professional networks with a focus on diversity. The Company serves various communities, including Women, Hispanic-Americans, African-Americans, Asian-Americans, Disabled, Military Professionals, and Lesbian, Gay, Bisexual and Transgender (LGBT). The Company’s segments include Professional Diversity Network (PDN Network), which includes online professional networking communities with career resources for the needs of various diverse cultural groups; National Association of Professional Women (NAPW Network), a women-only professional networking organization, and Noble Voice operations (Noble Voice), a career consultation and lead generation service.
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