Inuvo Inc. (AMEX: INUV) is 88.37% higher on its value in year-to-date trading and has touched a low of $0.09 and a high of $1.11 in the current 52-week trading range. The INUV stock was last observed hovering at around $0.56 in the recent trading session, with the current loss setting it 0.0% off its average median price target of $0.45 for the next 12 months. It is also -12.0% off the consensus price target high of $0.50 offered by 2 analysts, but current levels are -40.0% lower than the price target low of $0.40 for the same period.
At last check, trading at $0.56, the stock is -3.62% and 10.78% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.8 million and changing 0.90% at the moment leaves the stock 69.50% off its SMA200. INUV registered 85.67% gain for a year compared to 6-month gain of 76.66%. The firm has a 50-day simple moving average (SMA 50) of $0.5870 and a 200-day simple moving average (SMA200) of $0.3559.
The stock witnessed a -47.94% loss in the last 1 month and extending the period to 3 months gives it a 163.61%, and is -0.41% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.42% over the week and 12.24% over the month.
Inuvo Inc. (INUV) has around 64 employees, a market worth around $42.90M and $61.00M in sales. Profit margin for the company is -8.00%. Distance from 52-week low is 506.91% and -49.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-44.90%).
Inuvo Inc. (INUV) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Inuvo Inc. (INUV) is a “Buy”. 2 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Inuvo Inc. is expected to release its quarterly report on 07/30/2020 and quarterly earnings per share for the current quarter are estimated at -$0.04 with sales reaching $10.23M over the same period.The EPS is expected to grow by 41.60% this year, but quarterly earnings will post -13.60% year-over-year. Quarterly sales are estimated to shrink -27.20% in year-over-year returns.
Inuvo Inc. (INUV) Top Institutional Holders
28 institutions hold shares in Inuvo Inc. (INUV), with 15.35M shares held by insiders accounting for 24.12% while institutional investors hold 47.45% of the company’s shares. The shares outstanding are 53.64M, and float is at 51.15M with Short Float at 1.95%. Institutions hold 36.00% of the Float.
Inuvo Inc. (INUV) Insider Activity
A total of 13 insider transactions have happened at Inuvo Inc. (INUV) in the last six months, with sales accounting for 4 and purchases happening 9 times. The most recent transaction is an insider purchase by BURNETT G KENT, the company’s Director. SEC filings show that BURNETT G KENT bought 1,268,571 shares of the company’s common stock on Mar 20 at a price of $0.18 per share for a total of $0.22 million. Following the purchase, the insider now owns 1.44 million shares.
Inuvo Inc. disclosed in a document filed with the SEC on Mar 20 that Cameron Gordon J (Director) bought a total of 285,714 shares of the company’s common stock. The trade occurred on Mar 20 and was made at $0.18 per share for $50000.0. Following the transaction, the insider now directly holds 0.4 million shares of the INUV stock.
Still, SEC filings show that on Mar 20, Howe Richard K (Chairman & CEO) acquired 634,286 shares at an average price of $0.18 for $0.11 million. The insider now directly holds 1,808,032 shares of Inuvo Inc. (INUV).
Inuvo Inc. (INUV): Who are the competitors?
The company’s main competitors (and peers) include Blucora Inc. (BCOR) that is trading -60.26% down over the past 12 months. eBay Inc. (EBAY) is 49.67% up on the 1-year trading charts. Short interest in the company’s stock has risen 78.67% from the last report on May 14, 2020 to stand at a total of 0.21 million short shares sold with a short interest ratio of 0.09.