Professional Diversity Network (IPDN) Receiving Somewhat Favorable Press Coverage, Accern Reports
Headlines about Professional Diversity Network (NASDAQ:IPDN) have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Professional Diversity Network earned a news impact score of 0.13 on Accern’s scale. Accern also assigned media coverage about the information services provider an impact score of 45.0532356606276 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Separately, ValuEngine downgraded Professional Diversity Network from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th.
Shares of Professional Diversity Network (IPDN) traded up 4.27% during mid-day trading on Friday, reaching $3.91. The company’s stock had a trading volume of 34,666 shares. The firm’s market capitalization is $15.32 million. Professional Diversity Network has a 12 month low of $3.52 and a 12 month high of $13.90. The company has a 50 day moving average of $4.87 and a 200-day moving average of $6.87.
In other news, Director Xianfang Liu acquired 6,200 shares of Professional Diversity Network stock in a transaction on Tuesday, September 5th. The shares were purchased at an average price of $4.71 per share, with a total value of $29,202.00. Following the acquisition, the director now owns 2,200 shares in the company, valued at $10,362. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Jingbo Song acquired 6,490 shares of Professional Diversity Network stock in a transaction on Thursday, September 7th. The shares were purchased at an average cost of $5.98 per share, for a total transaction of $38,810.20. Following the acquisition, the insider now owns 3,000 shares in the company, valued at approximately $17,940. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 28,444 shares of company stock worth $145,324. Company insiders own 19.00% of the company’s stock.
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Professional Diversity Network Company Profile
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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