Is Inuvo Inc (AMEX: INUV) Proving The Doubters Wrong?

Inuvo Inc (INUV) concluded trading on Tuesday at a closing price of $0.65, with 5.86 million shares of worth about $3.81 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 156.30% during that period and on December 31, 2024 the price saw a gain of about 13.22%. Currently the company’s common shares owned by public are about 140.47M shares, out of which, 114.70M shares are available for trading.

Stock saw a price change of 61.52% in past 5 days and over the past one month there was a price change of 116.19%. Year-to-date (YTD), INUV shares are showing a performance of 52.09% which increased to 52.09% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.19 but also hit the highest price of $0.58 during that period. The average intraday trading volume for Inuvo Inc shares is 1.07 million. The stock is currently trading 64.46% above its 20-day simple moving average (SMA20), while that difference is up 113.76% for SMA50 and it goes to 119.30% higher than SMA200.

Inuvo Inc (AMEX: INUV) currently have 140.47M outstanding shares and institutions hold larger chunk of about 19.11% of that.

The stock has a current market capitalization of $102.83M and its 3Y-monthly beta is at 1.02. It has posted earnings per share of -$0.06 in the same period. It has Quick Ratio of 0.78 while making debt-to-equity ratio of 0.09. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for INUV, volatility over the week remained 17.26% while standing at 15.76% over the month.

Analysts are in expectations that Inuvo Inc (INUV) stock would likely to be making an EPS of -0.0 in the current quarter, while forecast for next quarter EPS is -0.02 and it is 0.0 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.01 which is 0.0 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.01 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 45.83% while it is estimated to increase by 76.92% in next year. EPS is likely to grow at an annualized rate of 30.00% for next 5-years, compared to annual growth of 16.05% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Alliance Global Partners on July 28, 2020 offering a Buy rating for the stock and assigned a target price of $2.25 to it. On September 29, 2015, ROTH Capital Initiated their recommendations, while on May 19, 2015, H.C. Wainwright Initiated their ratings for the stock with a price target of $4.

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