Inuvo Inc (AMEX:INUV) does about 631.31K shares in volume on a normal day but saw 1570337 shares change hands in the recent trading day. The company now has a market cap of 66.49M USD. Its current market price is $0.46, marking an increase of 4.70% compared to the previous close of $0.44. 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 $0.4023 and the current price is -41.67% off the 52-week high compared with 142.58% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3897 and its 200-day simple moving average is $0.3525. If we look at the stock’s price movements over the week, volatility stands at 7.39%, which decreases to 6.63% 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 70.34 to suggest the stock is overbought.
The consensus objective for the share price is $1.48, suggesting that the stock has a potential upside of 68.92% 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 14.58%, 18.28%, and 30.74% 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 12.97% over the week and 23.24% over the past month. Its price is -28.70% year-to-date and 46.18% over the past year.
To reach the target analysts have set, the stock logically needs to grow 68.92 percent from here.
Outstanding shares total 143.62M with insiders holding 14.83% of the shares and institutional holders owning 18.87% of the company’s common stock. The company has a return on investment of -34.79% and return on equity of -34.39%. The beta has a value of 0.84. Price to book ratio is 4.92 and price to sales ratio is 0.71.
