Professional Diversity Network Inc. (NASDAQ:IPDN) traded with an addition of $0.07 to $1.45 on Wednesday, an upside of 4.96 percent. An average of 1,023,458 shares of common stock have been traded in the last five days. There was a gain of $0.1750 in the past week. The last 20 days have seen an average of 477,529 shares traded, while the 50-day average volume stands at 296,460.
IPDN stock has increased by 3.76% in the last month. The company shares reached their 1-month lowest point of $1.2201 on 09/30/21. With the stock rallying to its 52-week high on 02/18/21, shares of the company touched a low of $0.91 and a high of $5.56 in 52 weeks. In spite of this, the price is down -73.95% from the 52-week high.
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139 days have passed since Professional Diversity Network Inc. (IPDN) last reported insider trading activity. Chou Yu-Jin, who is Secretary, most recently acquired $4,886 shares at $1.76 per share on May 20.
Professional Diversity Network Inc. (IPDN) has a trailing price-to-earnings (P/E) ratio of 22.10 for the broader industry and 27.98 for the sector. This means investors are optimistic about the stock’s future prospects. The stock’s beta is 2.27. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.56, the price-to-book (PB) ratio at 34.50.
The quick ratio of Professional Diversity Network Inc. for the recent quarter was 0.80, and the current ratio was 0.80, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the recent quarter. On the profitability front, the trailing 12-month gross margin is 82.40% against a 5-year average of 84.6%. Professional Diversity Network Inc.’s EBITDA margin is -69.21%, while its operating margin for the same period stands at -42.00%. Its gross profit as reported stood at $3.67 million compared to revenue of $4.46 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Professional Diversity Network Inc.’s return on assets was -32.70%, compared to -65.7% over the last five years. In the past year, the return on investment has been -126.00%, and the 5-year average is -186.5%. Meanwhile, the return on equity (ROE) for the past 12 months has been -120.70% and the 5-year average holds at -228.0%. For the broader industry, ROE averaged 3.67 over the past year.
From a technical analysis perspective, let’s take a brief look at Professional Diversity Network Inc. (IPDN) price momentum. RSI 9-day as of the close on 05 October was 60.94%, suggesting the stock is Neutral, with historical volatility in this time frame at 81.86%.
As of today, IPDN’s price is $1.3430 +13.57% or $0.1750 from its 5-day moving average. IPDN is currently trading +8.52% higher than its 20-day SMA and -2.33% lower than its 100-day SMA. However, the stock’s current price level is +2.45% above the SMA50 and +22.08% above the SMA200.
The stochastic %K and %D were 48.34% and 37.48%, respectively, and the average true range (ATR) was 0.1220. With the 14-day stochastic at 56.97% and the average true range at 0.1187, the RSI (14) stands at 57.05%. The stock has reached 0.0167 on the 9-day MACD Oscillator while the 14-day reading was at 0.0320.
The consensus rating for Professional Diversity Network Inc. (IPDN) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell IPDN, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is IPDN’s price target for the next 12 months?
Analysts predict a range of price targets between $36.00 and $36.00, with a median target of $36.00. Taking a look at these predictions, the average price target given by analysts for Professional Diversity Network Inc. (IPDN) stock is $36.00.