Inuvo Inc (AMEX:INUV) does about 1.29M shares in volume on a normal day but saw 4796196 shares change hands in the recent trading day. The company now has a market cap of 103.19M USD. Its current market price is $0.71, marking an increase of 2.72% compared to the previous close of $0.70. The 52 week high reached by this stock is $0.79 whilst the lowest price level in 52 weeks is $0.19.
Inuvo Inc (INUV) has a 20-day trading average at $0.4330 and the current price is -9.51% off the 52-week high compared with 276.32% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3209 and its 200-day simple moving average is $0.2979. If we look at the stock’s price movements over the week, volatility stands at 21.45%, which decreases to 15.84% 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 85.83 to suggest the stock is overbought.
The consensus objective for the share price is $0.95, suggesting that the stock has a potential upside of 25.26% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on July 28, 2020 when Alliance Global Partners initiated the stock to “Buy” and issued a price target of $2.25. ROTH Capital initiated its price target at $4.50.
The current price level is 65.12%, 122.80%, and 140.02% away from its SMA20, SMA50, and SMA200 respectively, with the INUV price moving below the 50-day SMA on current market day. Inuvo Inc (INUV) stock is up 64.37% over the week and 123.44% over the past month. Its price is 10.61% year-to-date and 50.81% over the past year.
To reach the target analysts have set, the stock logically needs to grow 25.26 percent from here.
The company has a return on investment of -62.87% and return on equity of -53.11%. The beta has a value of 0.94. Price to book ratio is 8.10 and price to sales ratio is 1.32.
