Growth Story Still Intact For Professional Diversity Network Inc. (IPDN)


After grabbing 59182.0 shares, the institutional investor is now in possession of 59182.0 shares of the Industrials Company. The new investment brought the stake of investor firm to 0.52% having worth around $61549.0. Moreover, Citadel Advisors LLC increased its share by 49295.0 to have a control over 49295.0 shares. And Credit Suisse Securities (USA) LL.. raised its holdings to 26115.0 shares by acquiring 26115.0 shares or 0.23% of the stake.

Professional Diversity Network Inc. (IPDN) concluded trading on 08/26/20 at a closing price of $1.18, with 1.2 million shares of worth about $1.42 million changed hands on the day. Weekly performance of the stock remained positive as price took a surge of 2.61% during that period and on Wednesday the price saw a gain of about 9.26%. Currently the company’s common shares owned by public are about 10.93M shares, out of which, 7.63M shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.

Vanguard Extended Market Index Fu, DFA US Small Cap Portfolio, and Fidelity Extended Market Index Fu are the top 3 mutual funds which are holding stakes in Professional Diversity Network Inc. Vanguard Extended Market Index Fu is currently holding 20497.0 shares of worth totaling $21317.0. The company recently came buying 0.0 shares which brought its stake up to 0.18% of the company’s outstanding shares. Fidelity Extended Market Index Fu, after buying 5685.0 shares, have now control over 0.05% of the stake in the company. It holds 0.0 shares of worth $5912.0.

Professional Diversity Network Inc. (NASDAQ: IPDN) started trading at $1.09, above $0.01 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $1.18, or with a gain of 9.26%. Stock saw a price change of 2.61% in past 5 days and over the past one month there was a price change of -13.87%. Year-to-date (YTD), IPDN shares are showing a performance of 29.67% which decreased to 0.00% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.78 but also hit the highest price of $3.98 during that period. While comparing its average daily trading volume of 1.45 million shares, we see that about 1.2 million changed hands on the day. The stock is currently trading -3.43% below its 20-day simple moving average (SMA20), while that difference is down -29.21% for SMA50 and it goes to -42.86% lower than SMA200.

Jane Street Capital LLC acquired 59182.0 shares of Professional Diversity Network Inc. having value of about $61549.0. Professional Diversity Network Inc. (NASDAQ: IPDN) currently have 10.93M outstanding shares and institutions hold larger chunk of about 1.40% of that. Holding of mutual funds in the company is about 1.14% while other institutional holders and individual stake holders have control over 28.27% and 0.34% of the stake respectively.

The stock has a current market capitalization of $15.10M and its 3Y-monthly beta is at 1.94. It has posted earnings per share of -$0.43 in the same period. It has Quick Ratio of 0.40 while making debt-to-equity ratio of 0.64. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IPDN, volatility over the week remained 11.48% while standing at 15.50% over the month.

Analysts are in expectations that Professional Diversity Network Inc. (IPDN) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter ESPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 85.20%.


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