Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

The Internet industry as a whole closed the day down 0.1% versus the S&P 500, which was up 1.0%. Laggards within the Internet industry included

Professional Diversity Network

(

IPDN

), down 1.7%,

Sify Technologies

(

SIFY

), down 3.5%,

Rediff.com India

(

REDF

), down 1.9%,

Spark Networks

(

LOV

), down 4.5% and

Tremor Video

(

TRMR

), down 2.7%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

Rediff.com India

(

REDF

) is one of the companies that pushed the Internet industry lower today. Rediff.com India was down $0.04 (1.9%) to $2.03 on light volume. Throughout the day, 61,174 shares of Rediff.com India exchanged hands as compared to its average daily volume of 83,000 shares. The stock ranged in price between $2.03-$2.10 after having opened the day at $2.05 as compared to the previous trading day's close of $2.07.

Rediff.com India has a market cap of $56.6 million and is part of the technology sector. Shares are up 5.1% year-to-date as of the close of trading on Wednesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

At the close,

Sify Technologies

(

SIFY

) was down $0.05 (3.5%) to $1.37 on average volume. Throughout the day, 95,575 shares of Sify Technologies exchanged hands as compared to its average daily volume of 88,200 shares. The stock ranged in price between $1.32-$1.44 after having opened the day at $1.44 as compared to the previous trading day's close of $1.42.

Sify Technologies has a market cap of $246.4 million and is part of the technology sector. Shares are up 6.8% year-to-date as of the close of trading on Wednesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Professional Diversity Network

(

IPDN

) was another company that pushed the Internet industry lower today. Professional Diversity Network was down $0.07 (1.7%) to $4.08 on light volume. Throughout the day, 1,383 shares of Professional Diversity Network exchanged hands as compared to its average daily volume of 4,500 shares. The stock ranged in price between $4.08-$4.30 after having opened the day at $4.25 as compared to the previous trading day's close of $4.15.

Professional Diversity Network, Inc. operates online professional networking communities with career resources in the United States. Professional Diversity Network has a market cap of $52.4 million and is part of the technology sector. Shares are down 14.8% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates Professional Diversity Network a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates

Professional Diversity Network

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and weak operating cash flow.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Highlights from TheStreet Ratings analysis on IPDN go as follows:

  • PROFESSIONAL DIVERSITY NETWK has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. Earnings per share have declined over the last year. We anticipate that this should continue in the coming year. During the past fiscal year, PROFESSIONAL DIVERSITY NETWK swung to a loss, reporting -$0.23 versus $0.27 in the prior year. For the next year, the market is expecting a contraction of 65.2% in earnings (-$0.38 versus -$0.23).
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Internet Software & Services industry. The net income has significantly decreased by 247.2% when compared to the same quarter one year ago, falling from -$0.27 million to -$0.94 million.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Internet Software & Services industry and the overall market, PROFESSIONAL DIVERSITY NETWK's return on equity significantly trails that of both the industry average and the S&P 500.
  • Net operating cash flow has significantly decreased to -$2.80 million or 679.10% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • The gross profit margin for PROFESSIONAL DIVERSITY NETWK is currently very high, coming in at 75.37%. Regardless of IPDN's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, IPDN's net profit margin of -59.74% significantly underperformed when compared to the industry average.

You can view the full analysis from the report here:

Professional Diversity Network Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.