During the last session, Inuvo, Inc. (NYSE:INUV)’s traded shares were 3,180,000,000, with the beta value of the company hitting 1.03. At the end of the trading day, the stock’s price was $1.01, reflecting an intraday loss of -4.72% or -$0.05. The 52-week high for the INUV share is $2.35, that puts it down -132.67% from that peak though still a striking +82.18% gain since the share price plummeted to a 52-week low of $0.18. The company’s market capitalization is $119.7 Million, and the average intraday trading volume over the past 10 days was 4.04 Million shares, and the average trade volume was 17.23 Million shares over the past three months.
Inuvo, Inc. (INUV) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2. INUV has a Sell rating from none of the analyst(s) out of 2 analysts who have looked at this stock. Neither of the analyst(s) recommend to Hold the stock while none of them suggest Overweight, and 2 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.01.
Inuvo, Inc. (NYSE:INUV): Trading Information
Inuvo, Inc. (INUV) registered a -4.72% downside in the last session and has traded in the green over the past 5 sessions. The stock spiked 7.34% in intraday trading to $1.09 this Tuesday, Apr 06, hitting a weekly high. The stock’s 5-day price performance is 3.56%, and it has moved by -8.18% in 30 days. Based on these gigs, the overall price performance for the year is 123.01%. The short interest in Inuvo, Inc. (NYSE:INUV) is 4.37 Million shares and it means that shorts have 0.25 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.58, which implies an increase of 155.45% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.15 and $3 respectively. As a result, INUV is trading at a discount of 197.03% off the target high and 112.87% off the low.
Inuvo, Inc. (INUV) projections and forecasts
Statistics show that Inuvo, Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Inuvo, Inc. (INUV) shares have gone up +201.13% during the last six months, with a year-to-date growth rate less than the industry average at -55.56% against 7.2%. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 80% this quarter and then jump 50% in the quarter after that. In the rating firms’ projections, revenue will increase 26.7% compared to the previous financial year.
Revenue for the current quarter is expected to be $11.82 Million as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to $12.65 Million by the end of June 2021. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $14.93 Million and $7.59 Million respectively. In this case, analysts expect current quarter sales to lessen by -20.8% and then jump by 66.7% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated -24.6%. While earnings are projected to return 15% in 2021, the next five years will return 30% per annum.
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Inuvo, Inc. (NYSE:INUV)’s Biggest Investors
Inuvo, Inc. insiders own 13.34% of total outstanding shares while institutional holders control 21.15%, with the float percentage being 24.41%. Herald Investment Management Ltd is the largest shareholder of the company, while 36 institutions own stock in it. As of Dec 30, 2020, the company held over 5.89 Million shares (or 4.97% of all shares), a total value of $2.67 Million in shares.
The next largest institutional holding, with 5.46 Million shares, is of Perkins Capital Management, Inc.’s that is approximately 4.61% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $2.47 Million.
Also, the Mutual Funds coming in first place with the largest holdings of Inuvo, Inc. (INUV) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Dec 30, 2020 indicates that Vanguard Total Stock Market Index Fund owns about 2,177,936 shares. This amounts to just over 1.84 percent of the company’s overall shares, with a $986.39 Thousand market value. The same data shows that the other fund manager holds slightly less at 757.31 Thousand, or about 0.64% of the stock, which is worth about $342.98 Thousand.