Professional Diversity Network Inc (IPDN) Has Recovered 24.22% From Its Low: Is This The Beginning Of A Trend?

Professional Diversity Network Inc (NASDAQ:IPDN) price on current trading day, rose 25.49% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.28.

A look at the stock’s price movement, the close in the last trading session was $1.02, moving within a range at $0.9702 and $1.98. The beta value (5-Year monthly) was 1.302. Turning to its 52-week performance, $18.90 and $0.97 were the 52-week high and 52-week low respectively. Overall, IPDN moved -38.01% over the past month.

Professional Diversity Network Inc’s market cap currently stands at around $2.66 million, with investors looking forward to this quarter’s earnings report slated for on 2016-Nov-14.

Turning to the stock’s technical picture we see that short term indicators suggest on average that IPDN is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.

IPDN’s current price about -42.81% and -55.77% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 29.00, while 7-day volatility ratio is 39.51% and 19.83% in the 30-day chart. Further, Professional Diversity Network Inc (IPDN) has a beta value of 0, and an average true range (ATR) of 0.41.

If we refocus on Professional Diversity Network Inc (NASDAQ:IPDN), historical trading data shows that trading volumes averaged 0.65 over the past 10 days and 110.42K over the past 3 months. The company’s latest data on shares outstanding shows there are 1.82 million shares.

The 0.00% of Professional Diversity Network Inc’s shares are in the hands of company insiders while institutional holders own 6.19% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 17330.0 on 2025-03-14, giving us a short ratio of 0.25. The data shows that as of 2025-03-14 short interest in Professional Diversity Network Inc (IPDN) stood at 161.0 of shares outstanding, with shares short rising to 6716.0 registered in 2025-02-14. Current price change has pushed the stock -74.40% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the IPDN stock continues to rise going into the next quarter.

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