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Analyst Rating: Will Professional Diversity Network, Inc. (IPDN) Stock Outperform the Market?

Monday, June 29, 2020 02:56 PM | InvestorsObserver Analysts

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Analyst Rating: Will Professional Diversity Network, Inc. (IPDN) Stock Outperform the Market?

Analysts who follow Professional Diversity Network, Inc. (IPDN) on average expect it to decline -100.00% over the next twelve months. Those same analysts give the stock an average rating of Strong Sell.

That average rating earns Professional Diversity Network, Inc. an Analyst Ranking of 0, which means it ranks higher than 0 of stocks, based on data compiled by InvestorsObserver.

Overall Score -
Wall Street analysts are rating IPDN a Strong Sell today. Find out what this means to you and get the rest of the rankings on IPDN!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.

InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Professional Diversity Network, Inc. Stock Today?

Professional Diversity Network, Inc. (IPDN) stock is trading at $3.53 as of 2:53 PM on Monday, Jun 29, a gain of $0.33, or 10.16% from the previous closing price of $3.20. The stock has traded between $2.72 and $3.98 so far today. Volume today is high. So far 688,330 shares have traded compared to average volume of 500,967 shares.

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