Professional Diversity Network Inc (NASDAQ:IPDN) does about 95.30K shares in volume on a normal day but saw 1583036 shares change hands in the recent trading day. The company now has a market cap of 14.16M USD. Its current market price is $1.02, marking an increase of 7.35% compared to the previous close of $0.95. The 52 week high reached by this stock is $3.01 whilst the lowest price level in 52 weeks is $0.42.
Professional Diversity Network Inc (IPDN) has a 20-day trading average at $0.8488 and the current price is -66.11% off the 52-week high compared with 142.86% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.7246 and its 200-day simple moving average is $1.0310. If we look at the stock’s price movements over the week, volatility stands at 27.97%, which decreases to 14.87% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 67.51 to suggest the stock is neutral.
The consensus objective for the share price is $4.50, suggesting that the stock has a potential upside of 77.33% over the period.
The current price level is 20.17%, 40.77%, and -1.07% away from its SMA20, SMA50, and SMA200 respectively, with the IPDN price moving below the 50-day SMA on current market day. Professional Diversity Network Inc (IPDN) stock is up 40.59% over the week and 13.33% over the past month. Its price is -49.75% year-to-date and -28.67% over the past year.
To reach the target analysts have set, the stock logically needs to grow 77.33 percent from here.
Outstanding shares total 11.45M with insiders holding 43.83% of the shares and institutional holders owning 1.40% of the company’s common stock. The company has a return on investment of -97.48% and return on equity of -99.05%. Price to book ratio is 6.37 and price to sales ratio is 2.02.
