Let’s start up with the current stock price of Professional Diversity Network Inc. (IPDN), which is $2.85 to be very precise. The Stock rose vividly during the last session to $3.319 after opening rate of $2.25 while the lowest price it went was recorded $2.09 before closing at $2.27.
Recently in News on December 30, 2020, Professional Diversity Network, Inc. Announces Partnership with Phala Network to Develop Privacy-Protecting Blockchain Application. Professional Diversity Network, Inc. (NASDAQ: IPDN), (“PDN” or the “Company”), a developer and operator of online and in-person networks that provide access to networking, training, educational and employment opportunities for diverse individuals, today announced its partnership with Phala Network, an innovative technology company that specializes in confidentiality-preserving and privacy-first blockchain application development. You can read further details here
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Professional Diversity Network Inc. had a pretty Dodgy run when it comes to the market performance.
Professional Diversity Network Inc. (IPDN) full year performance was -8.51%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Professional Diversity Network Inc. shares are logging -48.74% during the 52-week period from high price, and 274.95% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.76 and $5.56.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 11306211 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Professional Diversity Network Inc. (IPDN) recorded performance in the market was 10.04%, having the revenues showcasing 145.69% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 29.10M, as it employees total of 38 workers.
Specialists analysis on Professional Diversity Network Inc. (IPDN)
During the last month, 0 analysts gave the Professional Diversity Network Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.24, with a change in the price was noted +1.72. In a similar fashion, Professional Diversity Network Inc. posted a movement of +152.21% for the period of last 100 days, recording 2,103,930 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for IPDN is recording 0.22 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.16.
Trends and Technical analysis: Professional Diversity Network Inc. (IPDN)
Raw Stochastic average of Professional Diversity Network Inc. in the period of last 50 days is set at 40.96%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 38.96%. In the last 20 days, the company’s Stochastic %K was 29.05% and its Stochastic %D was recorded 24.97%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 10.04%. Additionally, trading for the stock in the period of the last six months notably improved by 28.96%, alongside a downfall of -8.51% for the period of the last 12 months. The shares increased approximately by 10.04% in the 7-day charts and went down by 79.25% in the period of the last 30 days. Common stock shares were driven by 145.69% during last recorded quarter.