Professional Diversity Network Inc. [NASDAQ: IPDN] gained 10.53% on the last trading session, reaching $1.47 price per share at the time. The company report on November 13, 2020 that Professional Diversity Network, Inc. Announces Third Quarter Results.
Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” 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, announced its financial results for the three and nine months ended September 30, 2020.
Third Quarter Financial Highlights:.
Professional Diversity Network Inc. represents 12.49 million in outstanding shares, while the company has a total market value of $17.10 million with the latest information. IPDN stock price has been found in the range of $1.38 to $1.625.
If compared to the average trading volume of 683.16K shares, IPDN reached a trading volume of 2291242 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Professional Diversity Network Inc. [IPDN]:
The Average True Range (ATR) for Professional Diversity Network Inc. is set at 0.11, with the Price to Sales ratio for IPDN stock in the period of the last 12 months amounting to 4.07. The Price to Book ratio for the last quarter was 5.65, with the Price to Cash per share for the same quarter was set at 0.23.
Trading performance analysis for IPDN stock
Professional Diversity Network Inc. [IPDN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 24.58. With this latest performance, IPDN shares gained by 41.35% in over the last four-week period, additionally plugging by 22.50% over the last 6 months – not to mention a drop of -54.63% 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 72.96, with the RSI for the last a single of trading hit 78.86, and the three-weeks RSI is set at 65.71 for Professional Diversity Network Inc. [IPDN]. The present Moving Average for the last 50 days of trading for this stock 1.0792, while it was recorded at 1.2860 for the last single week of trading.
Professional Diversity Network Inc. [IPDN]: A deeper dive into fundamental analysis
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 0.80 and a Current Ratio set at 0.80.
An analysis of insider ownership at Professional Diversity Network Inc. [IPDN]
There are presently around $0 million, or 0.40% of IPDN stock, in the hands of institutional investors. The top three institutional holders of IPDN stocks are: VANGUARD GROUP INC with ownership of 20,497, which is approximately 0% of the company’s market cap and around 17.60% of the total institutional ownership; CITADEL ADVISORS LLC, holding 18,527 shares of the stock with an approximate value of $27000.0 in IPDN stocks shares; and WELLS FARGO & COMPANY/MN, currently with $0.0 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 November and at the time of the November reporting period, where 1 institutional holders increased their position in Professional Diversity Network Inc. [NASDAQ:IPDN] by around 31 shares. Additionally, 6 investors decreased positions by around 128,393 shares, while 1 investors held positions by with 89,369 shares. The mentioned changes placed institutional holdings at 39,055 shares, according to the latest SEC report filing. IPDN stock had 1 new institutional investments in for a total of 31 shares, while 5 institutional investors sold positions of 97,625 shares during the same period.