Inuvo Inc. (AMEX:INUV) does about 7.34M shares in volume on a normal day but saw 3296786 shares change hands in Friday trading. The company now has a market cap of 46.54M USD and an enterprise value of about $42.15M. Its current market price is $0.58, marking a decrease of -3.33% compared to the previous close of $0.60. The 52 week high reached by this stock is $1.11 whilst the lowest price level in 52 weeks is $0.09. The script in recent trading has seen the stock touch a high of $0.60 and a low of $0.57.
Inuvo Inc. (INUV) has a 20-day trading average at $0.5797 and the current price is -47.75% off the 52-week high compared with 526.35% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.5788 and its 200-day simple moving average is $0.3543. If we look at the stock’s price movements over the week, volatility stands at 8.46%, which increases to 10.61% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 48.93 to suggest the stock is neutral.
3 analysts observing the Inuvo Inc. (INUV) stock have set the 12-month price targets for the company’s shares at between $0.40 and $2.25. The median price target is -16.0% away from the current levels at $0.50.
FactSet Research has provided data showing that 3 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 3 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
ROTH Capital initiated its price target at $4.50.
The current price level is 0.23%, 0.91%, and 64.38% away from its SMA20, SMA50, and SMA200 respectively, with the INUV price moving below the 50-day SMA on July 31. Inuvo Inc. (INUV) stock is up 4.13% over the week and 9.39% over the past month. Its price is 96.14% year-to-date and 106.11% over the past year.
The stock last released its quarterly earnings report for quarter ended 3/30/2020, with the company’s earnings per share (EPS) of -$0.05 below consensus estimates by -$0.01. The company’s next earnings report is expected on 07/30/2020, with forecasts estimating quarterly EPS at -$0.04 and -$0.13 for whole year. INUV’s earnings per share are forecast to shrink by -18.20% this year and 38.50% over next year. Expected sales for next quarter are $12.18 million, which analysts say will come at $53.18 million for the current fiscal year and next year at $59.46 million. In addition, estimates put the company’s current quarterly revenue at an average of $10.23 million.
Its 12-month price target is $0.50. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $0.40, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $2.25.
Outstanding shares total 53.64M with insiders holding 24.12% of the shares and institutional holders owning 36.00% of the company’s common stock. The company has a return on investment of -44.90% and return on equity of -44.90%. The beta has a value of 1.47. Price to book ratio is 2.64 and price to sales ratio is 0.76.
Herald Investment Trust Plc isn’t the only investment manager who changed stakes and is followed by Vanguard Extended Market Index Fu, which sold off 0.0 shares to end up with 407,207 shares worth $0.22 million. Vanguard Total Stock Market Index cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 0.53% position in Inuvo Inc. thanks to 0.4 million shares amounting to $0.21 million.