How to Buy Professional Diversity Network Stock
Professional Diversity Network Inc
Professional Diversity Network, Inc. operates online professional networking communities with career resources in the United States.
Professional Diversity Network stock last closed at $1.07, down 9.32% from the previous day, and has decreased 92.44% in one year. It has underperformed other stocks in the Staffing & Employment Services industry by 0.78 percentage points. Professional Diversity Network stock is currently +10.54% from its 52-week low of $0.97, and -94.34% from its 52-week high of $18.90.
At the moment, there are 2.08M IPDN shares outstanding. The market cap of IPDN is $2.23M. In the last 24 hours, 24,608 IPDN shares were traded.
How to Buy Professional Diversity Network Stock
Wondering how to invest in Professional Diversity Network stock? Here's how.
- Choose where to buy Professional Diversity Network stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Professional Diversity Network stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your payment method and add your information.
- Analyze Professional Diversity Network stock: The Professional Diversity Network ticker symbol is IPDN. Is Professional Diversity Network stock a good investment? Should you buy shares of IPDN? How do IPDN's underlying business fundamentals look? Do top analysts think Professional Diversity Network is a good buy? Why has IPDN's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if IPDN is a good stock to buy).
- Make your IPDN buy order: Decide if you will purchase IPDN shares at the current market price or use a limit order to buy IPDN stock at a given price.
- Track your IPDN position: Create a watchlist to important updates regarding your position in Professional Diversity Network stock.
Step 1: Choose where to buy Professional Diversity Network stock
You will need an online brokerage account in order to access the NASDAQ market and buy IPDN stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal info so you are able to invest in IPDN stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on the best stock app for beginners, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help depositing money into your brokerage account.
Step 4: Analyze Professional Diversity Network stock
Once you have decided on the best place to buy Professional Diversity Network stock, it's critical to research their stock prior to investing, so you can understand the risk and opportunity.
Professional Diversity Network quick stats
Fundamentals of IPDN
WallStreetZen was designed to help average investors do better fundamental analysis quickly.
You can see all of the due diligence checks on IPDN's stock page.
Is IPDN stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge IPDN's true value.
Using relative valuations measures:
- IPDN may be undervalued based on its P/B ratio of 0.42x, relative to Staffing & Employment Services industry P/B ratio of 9.71x
You can access more valuation analysis on IPDN's stock here.
A look at IPDN Cashflows and Balance Sheet
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the IPDN balance sheet.
- Total IPDN debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the IPDN balance sheet.
Failed Health Checks:
- IPDN has $1.73M in cash and short term investments. This is not sufficient to cover its annual cash burn of $2.52M.
- IPDN profit margin has gone up by 0.19 percentage points in the past year, but the company is still unprofitable.
- IPDN has cash burn of 2522323. It does not have enough cash and short-term investments to cover this.
- IPDN has a relatively high debt to equity ratio of 0.59.
Metrics for Advanced IPDN Traders
IPDN Performance Metrics
Last year, IPDN revenue was $6.73M. In the last 5 year, IPDN's revenue has grown by 6.02% per year. This was slower than the Staffing & Employment Services industry average of 7.75%.
Dig into IPDN's earnings and revenue performance here.
Latest Insiders Trades at IPDN
In the last 12 months, executives and large shareholders at IPDN have bought more shares than they have sold.
Xin He, CEO of IPDN, was the latest IPDN insider to buy. They bought $495,000.00 worth of IPDN stock on Jul 1, 2024.
Research more about who owns IPDN shares here.
Can I rely on IPDN as an income stream?
No, Professional Diversity Network doesn't provide an income stream by paying out dividends.
What others are saying about IPDN
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your IPDN buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price, use a limit order.
Click the Open button and your broker will place the order.
If you want additional help with buying stocks on eToro, click the helpful video below:
Step 6: Track your IPDN position
Now that you own some IPDN stock, you'll want to keep up with your new shares.
Start a watchlist to keep tabs on your IPDN stock.
IPDN Feed
How to Buy Stock in Professional Diversity Network
To reiterate, here are the 6 steps to buy Professional Diversity Network stock:
- Choose where to buy Professional Diversity Network stock
- Sign up for a brokerage account
- Fund your brokerage account
- Analyze Professional Diversity Network stock
- Make your IPDN buy order
- Track your IPDN position
If you need a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your investment in Professional Diversity Network, create your watchlist below.
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