Inuvo Inc (AMEX:INUV) does about 687.66K shares in volume on a normal day but saw 1126995 shares change hands in the recent trading day. The company now has a market cap of 55.49M USD. Its current market price is $0.38, marking a decrease of -1.33% compared to the previous close of $0.39. The 52 week high reached by this stock is $0.79 whilst the lowest price level in 52 weeks is $0.19.
The consensus objective for the share price is $1.48, suggesting that the stock has a potential upside of 74.32% 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 -9.67%, -3.02%, and 6.82% away from its SMA20, SMA50, and SMA200 respectively, with the INUV price moving above the 50-day SMA on current market day. Inuvo Inc (INUV) stock is down -11.18% over the week and -1.38% over the past month. Its price is -40.49% year-to-date and 41.85% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.01 and -0.01 for whole year. Expected sales for next quarter are $27.07M, which analysts say will come at $107.17M for the current fiscal year and next year at $119.27M. In addition, estimates put the company’s current quarterly revenue at an average of $23.73M.
To reach the target analysts have set, the stock logically needs to grow 74.32 percent from here.
Outstanding shares total 143.62M with insiders holding 15.01% of the shares and institutional holders owning 18.92% 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 0.80. Price to book ratio is 4.11 and price to sales ratio is 0.59.
