Inuvo Inc (INUV) Looks Ready for Growth Despite -13.65% Change This Year

Inuvo Inc (AMEX: INUV) is -13.65% lower on its value in year-to-date trading and has touched a low of $0.19 and a high of $0.57 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INUV stock was last observed hovering at around $0.34 in the last trading session, with the day’s gains setting it 0.03%.

Currently trading at $0.37, the stock is 38.81% and 45.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.28 million and changing 9.29% at the moment leaves the stock 22.99% off its SMA200. INUV registered 23.94% gain for a year compared to 6-month loss of 45.63%. The firm has a 50-day simple moving average (SMA 50) of $0.2498 and a 200-day simple moving average (SMA200) of $0.299.

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The stock witnessed a 52.60% gain in the last 1 month and extending the period to 3 months gives it a 42.25%, and is 1.72% up 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 14.61% over the week and 13.09% over the month.

Inuvo Inc (INUV) has around 91 employees, a market worth around $56.90M and $78.45M in sales. Profit margin for the company is -10.59%. Distance from 52-week low is 93.16% and -35.61% from its 52-week high. The company has generated returns on investments over the last 12 months (-62.87%).

The EPS is expected to grow by 45.83% this year.

Inuvo Inc (INUV) Top Institutional Holders

40.0 institutions hold shares in Inuvo Inc (INUV), with institutional investors hold 22.74% of the company’s shares. The shares outstanding are 140.47M, and float is at 114.68M with Short Float at 0.32%. Institutions hold 19.47% of the Float.

The top institutional shareholder in the company is PERKINS CAPITAL MANAGEMENT INC with over 6.9 million shares valued at $1.77 million. The investor’s holdings represent 4.9742% of the INUV Shares outstanding. As of 2024-06-30, the second largest holder is HERALD INVESTMENT MANAGEMENT LTD with 6.09 million shares valued at $1.57 million to account for 4.39 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 5.5 million shares representing 3.9597% and valued at over $1.41 million, while BARD ASSOCIATES INC holds 2.8497 of the shares totaling 3.96 million with a market value of $1.02 million.