During the last session, Inuvo Inc. (AMEX:INUV)’s traded shares were 0.67 million, with the beta value of the company hitting 0.90. At the end of the trading day, the stock’s price was $0.41, reflecting an intraday gain of 18.37% or $0.06. The 52-week high for the INUV share is $1.14, that puts it down -178.05 from that peak though still a striking 26.83% gain since the share price plummeted to a 52-week low of $0.30. The company’s market capitalization is $50.48M, and the average intraday trading volume over the past 10 days was 0.38 million shares, and the average trade volume was 486.08K shares over the past three months.
Inuvo Inc. (AMEX:INUV) trade information
Inuvo Inc. (INUV) registered a 18.37% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 18.37% in intraday trading to $0.41 this Friday, 05/13/22, hitting a weekly high. The stock’s 5-day price performance is 4.17%, and it has moved by -8.65% in 30 days. Based on these gigs, the overall price performance for the year is -35.76%. The short interest in Inuvo Inc. (AMEX:INUV) is 2.83 million shares and it means that shorts have 2.9 day(s) to cover.
Inuvo Inc. (INUV) estimates and forecasts
In the rating firms’ projections, revenue will increase 32.80% compared to the previous financial year.
Revenue for the current quarter is expected to be $19.18 million as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $13.81 million by the end of Mar 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $12.9 million and $10.62 million respectively. In this case, analysts expect current quarter sales to grow by 48.70% and then jump by 30.10% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -11.40%. While earnings are projected to return 31.50% in 2022, the next five years will return 30.00% per annum.
Inuvo Inc. is due to release its next quarterly earnings on November 11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Inuvo Inc. (AMEX:INUV)’s Major holders
Inuvo Inc. insiders own 13.46% of total outstanding shares while institutional holders control 22.37%, with the float percentage being 25.85%. Herald Investment Management Ltd is the largest shareholder of the company, while 35 institutions own stock in it. As of Sep 29, 2021, the company held over 5.29 million shares (or 4.46% of all shares), a total value of $3.7 million in shares.
The next largest institutional holding, with 4.83 million shares, is of Perkins Capital Management, Inc.’s that is approximately 4.07% of outstanding shares. At the market price on Sep 29, 2021, these shares were valued at $3.38 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 Sep 29, 2021 indicates that Vanguard Total Stock Market Index Fund owns about 2.56 million shares. This amounts to just over 2.16 percent of the company’s overall shares, with a $1.79 million market value. The same data shows that the other fund manager holds slightly less at 1.41 million, or about 1.19% of the stock, which is worth about $0.99 million.