Professional Diversity Network Inc. (NASDAQ: IPDN) has seen a decline in its stock price by -15.42 in relation to its previous close of 4.41. However, the company has experienced a -14.97% decline in its stock price over the last five trading sessions.
Is It Worth Investing in Professional Diversity Network Inc. (NASDAQ: IPDN) Right Now?
while the 36-month beta value is 2.16.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Professional Diversity Network Inc. (IPDN) is $72.00, The public float for IPDN is 4.68M, and currently, short sellers hold a 6.15% ratio of that floaft. The average trading volume of IPDN on May 25, 2023 was 183.04K shares.
IPDN’s Market Performance
IPDN’s stock has seen a -14.97% decrease for the week, with a -7.21% drop in the past month and a -46.25% fall in the past quarter. The volatility ratio for the week is 8.88%, and the volatility levels for the past 30 days are at 12.61% for Professional Diversity Network Inc. The simple moving average for the past 20 days is -19.23% for IPDN’s stock, with a 32.55% simple moving average for the past 200 days.
IPDN Trading at -4.89% from the 50-Day Moving Average
After a stumble in the market that brought IPDN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -52.00% of loss for the given period.
Volatility was left at 12.61%, however, over the last 30 days, the volatility rate increased by 8.88%, as shares sank -14.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +52.81% upper at present.
During the last 5 trading sessions, IPDN fell by -19.53%, which changed the moving average for the period of 200-days by +126.28% in comparison to the 20-day moving average, which settled at $4.59. In addition, Professional Diversity Network Inc. saw 80.19% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IPDN starting from Chou Yu-Jin, who sale 1,415 shares at the price of $4.50 back on May 22. After this action, Chou Yu-Jin now owns 10,539 shares of Professional Diversity Network Inc., valued at $6,368 using the latest closing price.
Chou Yu-Jin, the Secretary of Professional Diversity Network Inc., sale 1,502 shares at $4.57 during a trade that took place back on May 19, which means that Chou Yu-Jin is holding 11,954 shares at $6,864 based on the most recent closing price.
Stock Fundamentals for IPDN
Current profitability levels for the company are sitting at:
- -48.24 for the present operating margin
- +38.33 for the gross margin
The net margin for Professional Diversity Network Inc. stands at -30.52. Equity return is now at value -99.40, with -36.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.83.
Conclusion
In a nutshell, Professional Diversity Network Inc. (IPDN) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
