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

Wall Street Zen cut shares of Professional Diversity Network (NASDAQ:IPDN) to a strong sell rating in a research report sent to investors on Saturday,Wall Street Zen reports.

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

Professional Diversity Network Trading Down 6.0%

Shares of IPDN opened at $2.50 on Friday. The stock has a 50 day moving average of $4.28 and a 200 day moving average of $14.45. The company has a market capitalization of $1.68 million, a price-to-earnings ratio of -0.05 and a beta of 1.59. Professional Diversity Network has a 12 month low of $2.46 and a 12 month high of $123.00.

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.