Closing Strong: Professional Diversity Network Inc (IPDN) Ends at 1.28, Down -24.71 from Last Close

Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.

After finishing at $1.70 in the prior trading day, Professional Diversity Network Inc (NASDAQ: IPDN) closed at $1.28, down -24.71%. In other words, the price has decreased by -$24.71 from its previous closing price. On the day, 0.65 million shares were traded. IPDN stock price reached its highest trading level at $1.67 during the session, while it also had its lowest trading level at $1.28.

Ratios:

Our goal is to gain a better understanding of IPDN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.68. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.09.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 07 ’23 when Chou Yu-Jin sold 1,834 shares for $4.30 per share. The transaction valued at 7,886 led to the insider holds 0 shares of the business.

Chou Yu-Jin sold 1,500 shares of IPDN for $5,250 on Jun 06 ’23. The Secretary now owns 1,834 shares after completing the transaction at $3.50 per share. On Jun 02 ’23, another insider, Chou Yu-Jin, who serves as the Secretary of the company, sold 1,500 shares for $3.00 each. As a result, the insider received 4,500 and left with 3,334 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IPDN now has a Market Capitalization of 14710016 and an Enterprise Value of 13916723. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 4.81. Its current Enterprise Value per Revenue stands at 1.808 whereas that against EBITDA is -3.556.

Stock Price History:

Over the past 52 weeks, IPDN has reached a high of $5.50, while it has fallen to a 52-week low of $1.07. The 50-Day Moving Average of the stock is -29.65%, while the 200-Day Moving Average is calculated to be -41.70%.

Shares Statistics:

The stock has traded on average 51.39K shares per day over the past 3-months and 228510 shares per day over the last 10 days, according to various share statistics. A total of 11.45M shares are outstanding, with a floating share count of 5.50M. Insiders hold about 52.12% of the company’s shares, while institutions hold 2.43% stake in the company. Shares short for IPDN as of 1713139200 were 12965 with a Short Ratio of 0.25, compared to 1710460800 on 18814. Therefore, it implies a Short% of Shares Outstanding of 12965 and a Short% of Float of 0.16999999999999998.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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