The stock of Professional Diversity Network Inc (NASDAQ: IPDN) has decreased by -21.57 when compared to last closing price of 1.02.Despite this, the company has seen a gain of 10.34% in its stock price over the last five trading days. prnewswire.com reported 2024-10-30 that SINGAPORE, Oct. 30, 2024 /PRNewswire/ — Caravelle International Group (NASDAQ: HTCO), a global ocean technology company, today announced the appointment of Jinyu Chang as Chairman of the Board of Directors and Xin He as an independent director and Chair of the Audit Committee. These strategic appointments come at a pivotal moment as the Company is focused on enhancing its internal management systems and advancing its commitment to ocean carbon neutrality.
Is It Worth Investing in Professional Diversity Network Inc (NASDAQ: IPDN) Right Now?
Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for IPDN is 7.43M, and currently, short sellers hold a 0.44% ratio of that floaft. The average trading volume of IPDN on November 20, 2024 was 119.99K shares.
IPDN’s Market Performance
The stock of Professional Diversity Network Inc (IPDN) has seen a 10.34% increase in the past week, with a -10.11% drop in the past month, and a 66.67% gain in the past quarter. The volatility ratio for the week is 33.80%, and the volatility levels for the past 30 days are at 16.14% for IPDN. The simple moving average for the last 20 days is -5.27% for IPDN’s stock, with a simple moving average of -21.83% for the last 200 days.
IPDN Trading at 9.30% 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 -73.42% of loss for the given period.
Volatility was left at 16.14%, however, over the last 30 days, the volatility rate increased by 33.80%, as shares sank -9.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +85.19% upper at present.
During the last 5 trading sessions, IPDN rose by +10.34%, which changed the moving average for the period of 200-days by -65.52% in comparison to the 20-day moving average, which settled at $0.8445. In addition, Professional Diversity Network Inc saw -60.59% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for IPDN
Current profitability levels for the company are sitting at:
- -0.25 for the present operating margin
- 0.59 for the gross margin
The net margin for Professional Diversity Network Inc stands at -0.24. The total capital return value is set at -0.23. Equity return is now at value -99.05, with -38.11 for asset returns.
Based on Professional Diversity Network Inc (IPDN), the company’s capital structure generated 0.13 points at debt to capital in total, while cash flow to debt ratio is standing at -4.39. The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is -32.91.
Currently, EBITDA for the company is -3.91 million with net debt to EBITDA at -0.46. When we switch over and look at the enterprise to sales, we see a ratio of 0.11. The receivables turnover for the company is 1.65for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.45.
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.
