After a 153.92% plummet this year is there potential growth for Inuvo, Inc? (NYSE: INUV)

Inuvo Inc. (AMEX: INUV) has risen in its value by 153.92% since last year and has touched as low as $0.09 and a high of $2.35 in the current 12-month trading range. The stock with a market capitalization of $136.30M has 97.94M shares outstanding, of which float is at $95.89M and a short float of 6.08%


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Having been in the red during the last session for dropping -8% in the last five days, INUV hit its week-highest on Tuesday, March 2nd, as the stock price reached its week highest at $1.69, an increment of 31.95% to its value on the day.

Inuvo, Inc. (NYSE:INUV)’s Major share-holders

A total of 33 institutions are shareholders in Inuvo Inc. (INUV)holding, 31.19% of the Float. 10.13M shares are also held by insiders accounting, while institutional investors holding 34.10% of the company’s shares.

Herald Investment Management Ltd has the largest equity at INUV owning 5.89 Million shares of worth $2.67 Million, holding 4.97% of the company’s total shares outstanding

The second-largest shareholder is Perkins Capital Management, Inc., which was holding equity of 5.46 Million shares. The number of shares demonstrates the firm’s hold over 4.61% of outstanding shares, having accumulated a value of $2.47 Million.

Is INUVO INC over-valued?

The company has total assets worth $14.53M, with $8.73M worth of total liabilities. Considering the company’s valuation, the company is forecasted to record -0.02 earnings per share by 2022.

Wall Street analysts have assigned a consensus price target of $2.58 to the stock, which demonstrates a rise of 124.35% to its current price. The company has a prediction of its revenue growth by 80% in the current quarter and an incredible 50% increase in the next quarter.

Conclusion

INUV, being one of the market leaders in artificial intelligence is investing heavily in consumer-oriented products. Consistent rise in stock price has been a positive sign for its institutional investor and a steady increase in revenue has been a healthy indicator for the company’s future valuation.

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