Professional Diversity Network (NASDAQ:IPDN) Downgraded to “Hold” at ValuEngine

Professional Diversity Network (NASDAQ:IPDN) was downgraded by ValuEngine from a “buy” rating to a “hold” rating in a report issued on Wednesday, ValuEngine reports.

Shares of Professional Diversity Network stock traded down $0.05 during midday trading on Wednesday, reaching $1.84. The company had a trading volume of 3,800 shares, compared to its average volume of 17,139. Professional Diversity Network has a fifty-two week low of $0.73 and a fifty-two week high of $4.46.

Professional Diversity Network (NASDAQ:IPDN) last posted its quarterly earnings data on Monday, May 20th. The information services provider reported ($0.23) EPS for the quarter. The company had revenue of $1.35 million during the quarter. Professional Diversity Network had a negative return on equity of 425.33% and a negative net margin of 189.61%.

Professional Diversity Network Company Profile

Professional Diversity Network, Inc operates online professional networking communities with career resources in the United States. The company operates through three segments: Professional Diversity Network, National Association of Professional Women, and Noble Voice Operations. It serves various cultural groups, such as women; Hispanic-Americans; African-Americans; Asian-Americans; disabled; military professionals; lesbians, gays, bisexuals, and transgenders; and students and graduates.

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