Professional Diversity Network Inc. [IPDN] Revenue clocked in at $4.30 million, up 24.18% YTD: What’s Next?

Professional Diversity Network Inc. [NASDAQ: IPDN] jumped around 0.02 points on Thursday, while shares priced at $1.13 at the close of the session, up 1.80%. The company report on September 4, 2020 that Professional Diversity Network, Inc. Announces Collaboration with Brand Marketer and Diversity, Equity and Inclusion Advocate.

Professional Diversity Network, Inc. (NASDAQ: IPDN), (“PDN” or the “Company”), a global developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, today announced it has entered into a collaboration agreement with Chicago-based brand marketer Ms. Brittany Applegate, an experienced branding consultant and diversity, equity, and inclusion advocate.

“At PDN, we strive to help companies build a strong foundation of diverse people, perspective and culture, which ultimately makes a business successful and gives this business a competitive advantage. We are excited about the opportunity to collaborate with Ms. Applegate and utilize her expertise and knowledge to further strengthen our position in the marketplace,” said Adam He, CEO of PDN.

Compared to the average trading volume of 1.09M shares, IPDN reached a trading volume of 5668032 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Professional Diversity Network Inc. [IPDN]?

The Average True Range (ATR) for Professional Diversity Network Inc. is set at 0.16, with the Price to Sales ratio for IPDN stock in the period of the last 12 months amounting to 3.53. The Price to Book ratio for the last quarter was 11.30, with the Price to Cash per share for the same quarter was set at 0.07.

How has IPDN stock performed recently?

Professional Diversity Network Inc. [IPDN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.59. With this latest performance, IPDN shares gained by 18.95% in over the last four-week period, additionally sinking by -18.12% over the last 6 months – not to mention a drop of -20.03% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IPDN stock in for the last two-week period is set at 53.56, with the RSI for the last a single of trading hit 54.38, and the three-weeks RSI is set at 51.28 for Professional Diversity Network Inc. [IPDN]. The present Moving Average for the last 50 days of trading for this stock 1.0864, while it was recorded at 1.1180 for the last single week of trading.

Professional Diversity Network Inc. [IPDN]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Professional Diversity Network Inc. [IPDN] shares currently have an operating margin of -59.62 and a Gross Margin at +65.38. Professional Diversity Network Inc.’s Net Margin is presently recorded at -55.56.

Return on Total Capital for IPDN is now -292.84, given the latest momentum, and Return on Invested Capital for the company is -387.49. Return on Equity for this stock declined to -387.49, with Return on Assets sitting at -47.21. When it comes to the capital structure of this company, Professional Diversity Network Inc. [IPDN] has a Total Debt to Total Equity ratio set at 4.12. Additionally, IPDN Total Debt to Total Capital is recorded at 3.95, with Total Debt to Total Assets ending up at 1.59.

Reflecting on the efficiency of the workforce at the company, Professional Diversity Network Inc. [IPDN] managed to generate an average of -$55,843 per employee. Receivables Turnover for the company is 6.54 with a Total Asset Turnover recorded at a value of 0.85.Professional Diversity Network Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.40.

Insider trade positions for Professional Diversity Network Inc. [IPDN]

There are presently around $0 million, or 1.40% of IPDN stock, in the hands of institutional investors. The top three institutional holders of IPDN stocks are: JANE STREET GROUP, LLC with ownership of 59,182, which is approximately New of the company’s market cap and around 17.60% of the total institutional ownership; CITADEL ADVISORS LLC, holding 49,295 shares of the stock with an approximate value of $56000.0 in IPDN stocks shares; and CREDIT SUISSE AG/, currently with $30000.0 in IPDN stock with ownership of nearly New of the company’s market capitalization.

Positions in Professional Diversity Network Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 3 institutional holders increased their position in Professional Diversity Network Inc. [NASDAQ:IPDN] by around 134,592 shares. Additionally, 2 investors decreased positions by around 782 shares, while 2 investors held positions by with 31,793 shares. The mentioned changes placed institutional holdings at 167,167 shares, according to the latest SEC report filing. IPDN stock had 3 new institutional investments in for a total of 134,592 shares, while 1 institutional investors sold positions of 250 shares during the same period.

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