Investors Are Waking Up To Professional Diversity Network Inc (NASDAQ: IPDN) After Losing -71.48% Over The Past 12 Months

Professional Diversity Network Inc (NASDAQ:IPDN) currently has a daily average trading volume of 17.30K but it saw 1995092 shares traded in last market. With a market cap of 9.30M USD, the company’s current market price of $0.73 came rising about 62.66 while comparing to the previous closing price of $0.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.01 and as low as $0.42. In the recent trading on the day, stock has struck highest price mark of $0.439 while lowest mark touched by it was $0.8397.

Taking a look at 20-day trading activity of Professional Diversity Network Inc (IPDN) gives us an average price of $0.4588, while its current price level is -75.75% below from 52-week high level whereas it is 73.81% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4712 while that of 200 days or SMA-200 reads an average of $1.2554. A closer look into the stock’s movement over the week reveals that its volatility is standing at 23.08% during that period while stretching the period over a month that decreases to 10.33%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 83.10 which implies that the stock is in overbought territory.

Over the week, IPDN’s stock price is moving 69.77% up while it is 55.32% when we observe its performance for the past one month. Year-to-date it is -64.04% down and over the past year, the stock is showing a downside performance of -71.48%.

The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Professional Diversity Network Inc’s total number of outstanding shares is 11.45M. Company’s return on investment (ROI) stands at -117.81% and return on equity (ROE) at -103.22%. Stock has a price to book (P/B) ratio of 3.79 while price to sale or P/S ratio amounts to 1.27. Its return on asset (ROA) is -44.42% on average.