Professional Diversity Network (NASDAQ:IPDN – Get Free Report) released its earnings results on Friday. The information services provider reported ($0.19) EPS for the quarter, FiscalAI reports. The company had revenue of $1.55 million for the quarter. Professional Diversity Network had a negative return on equity of 93.81% and a negative net margin of 98.93%.
Professional Diversity Network Stock Up 0.1%
Shares of Professional Diversity Network stock traded up $0.00 during trading hours on Friday, reaching $0.66. 54,078 shares of the company’s stock were exchanged, compared to its average volume of 73,070. The business has a fifty day moving average of $1.03 and a two-hundred day moving average of $1.45. The company has a market capitalization of $6.95 million, a P/E ratio of -0.37 and a beta of 1.61. Professional Diversity Network has a 1 year low of $0.57 and a 1 year high of $12.39.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded Professional Diversity Network to a “hold” rating in a report on Saturday, April 18th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.
Institutional Trading of Professional Diversity Network
A hedge fund recently raised its stake in Professional Diversity Network stock. Geode Capital Management LLC grew its holdings in Professional Diversity Network, Inc. (NASDAQ:IPDN – Free Report) by 140.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,785 shares of the information services provider’s stock after purchasing an additional 15,625 shares during the quarter. Geode Capital Management LLC owned about 0.55% of Professional Diversity Network worth $31,000 as of its most recent SEC filing. 27.75% of the stock is owned by institutional investors and hedge funds.
About Professional Diversity Network
Professional Diversity Network, Inc (NASDAQ:IPDN) is a provider of online career marketplace platforms designed to connect underrepresented talent with employment opportunities across various industries. Through its flagship PDN network, the company facilitates targeted recruiting solutions for organizations seeking to build more diverse and inclusive workforces. Its services include employer-branded career sites, targeted job advertising and custom recruitment campaigns tailored to attract diverse candidates, including women, minorities, veterans, people with disabilities and LGBTQ+ professionals.
The company’s portfolio encompasses a series of specialty job boards and career networks, each focused on specific demographic segments.
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