Professional Diversity Network (NASDAQ:IPDN) Downgraded by Wall Street Zen to “Strong Sell”

Wall Street Zen downgraded shares of Professional Diversity Network (NASDAQ:IPDN) to a strong sell rating in a report released on Saturday morning,Wall Street Zen reports.

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

Professional Diversity Network Stock Down 3.3%

Shares of NASDAQ:IPDN opened at $2.66 on Friday. The firm has a market capitalization of $1.78 million, a PE ratio of -0.05 and a beta of 1.59. Professional Diversity Network has a twelve month low of $2.65 and a twelve month high of $125.70. The company has a 50-day moving average price of $4.46 and a two-hundred day moving average price of $14.80.

Professional Diversity Network Company Profile

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.