Inuvo Inc. (INUV) makes -24.24% fall – What does that mean for its investors?

Inuvo Inc. (AMEX: INUV) is 28.54% 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 $0.41 in the last trading session, with the day’s loss setting it -0.03% off its average median price target of $0.60 for the next 12 months. It is also 83.11% off the consensus price target high of $2.25 offered by 3 analysts, but current levels are 24.0% higher than the price target low of $0.50 for the same period.

A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .


Currently trading at $0.38, the stock is -30.29% and -32.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.07 million and changing -6.72% at the moment leaves the stock 0.50% off its SMA200. INUV registered 50.89% gain for a year compared to 6-month gain of 47.73%. The firm has a 50-day simple moving average (SMA 50) of $0.5617 and a 200-day simple moving average (SMA200) of $0.4135.

The stock witnessed a -36.35% loss in the last 1 month and extending the period to 3 months gives it a -11.27%, and is -24.24% 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 13.51% over the week and 10.54% over the month.

Inuvo Inc. (INUV) has around 64 employees, a market worth around $40.49M and $54.50M in sales. Profit margin for the company is -7.80%. Distance from 52-week low is 310.48% and -65.76% 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 “Overweight”. 3 analysts offering their recommendations for the stock have an average rating of 2.00, where 1 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 11/13/2020 and quarterly earnings per share for the current quarter are estimated at -$0.02 with sales reaching $10.5M over the same period. The EPS is expected to grow by 41.60% this year, but quarterly earnings will post -23.20% year-over-year. Quarterly sales are estimated to shrink -23.90% in year-over-year returns.

Inuvo Inc. (INUV) Top Institutional Holders

28 institutions hold shares in Inuvo Inc. (INUV), with 23.55M shares held by insiders accounting for 24.12% while institutional investors hold 47.45% of the company’s shares. The shares outstanding are 66.02M, and float is at 51.15M with Short Float at 2.51%. 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 -44.64% down over the past 12 months. eBay Inc. (EBAY) is 40.46% up on the 1-year trading charts. Short interest in the company’s stock has risen 20.36% from the last report on Jul 14, 2020 to stand at a total of 1.33 million short shares sold with a short interest ratio of 0.2.

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free