There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for IPDN is 5.48M, and at present, short sellers hold a 0.86% of that float. The average trading volume of IPDN on April 22, 2024 was 49.69K shares.
IPDN) stock’s latest price update
The stock price of Professional Diversity Network Inc (NASDAQ: IPDN) has dropped by -30.36 compared to previous close of 1.68. Despite this, the company has seen a fall of -35.36% in its stock price over the last five trading days. PennyStocks reported 2021-10-07 that Wondering what penny stocks are and how to trade them? Here’s a quick how-to and three to watch The post What Are Penny Stocks?
IPDN’s Market Performance
Professional Diversity Network Inc (IPDN) has seen a -35.36% fall in stock performance for the week, with a -43.20% decline in the past month and a -42.93% plunge in the past quarter. The volatility ratio for the week is 14.21%, and the volatility levels for the past 30 days are at 12.70% for IPDN. The simple moving average for the past 20 days is -36.94% for IPDN’s stock, with a -49.48% simple moving average for the past 200 days.
IPDN Trading at -39.58% 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 -78.73% of loss for the given period.
Volatility was left at 12.70%, however, over the last 30 days, the volatility rate increased by 14.21%, as shares sank -47.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -48.18% lower at present.
During the last 5 trading sessions, IPDN fell by -35.36%, which changed the moving average for the period of 200-days by -70.45% in comparison to the 20-day moving average, which settled at $1.8025. In addition, Professional Diversity Network Inc saw -42.36% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IPDN starting from Chou Yu-Jin, who sale 1,834 shares at the price of $4.30 back on Jun 07 ’23. After this action, Chou Yu-Jin now owns 0 shares of Professional Diversity Network Inc, valued at $7,886 using the latest closing price.
Chou Yu-Jin, the Secretary of Professional Diversity Network Inc, sale 1,500 shares at $3.50 during a trade that took place back on Jun 06 ’23, which means that Chou Yu-Jin is holding 1,834 shares at $5,250 based on the most recent closing price.
Stock Fundamentals for IPDN
Current profitability levels for the company are sitting at:
- -0.59 for the present operating margin
- 0.53 for the gross margin
The net margin for Professional Diversity Network Inc stands at -0.57. The total capital return value is set at -1.59. Equity return is now at value -153.11, with -65.08 for asset returns.
Based on Professional Diversity Network Inc (IPDN), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at -8.28. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is 636.91.
Currently, EBITDA for the company is -3.91 million with net debt to EBITDA at 0.07. When we switch over and look at the enterprise to sales, we see a ratio of 1.71. The receivables turnover for the company is 6.5for trailing twelve months and the total asset turnover is 1.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.68.
Conclusion
In summary, Professional Diversity Network Inc (IPDN) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
