Following Its 52-Week Low, Inuvo Inc (AMEX: INUV)’S Share Price Rose 53.85% And Its YTD Numbers Fell -38.85%

During the last session, Inuvo Inc (AMEX:INUV)’s traded shares were 0.34 million, with the beta value of the company hitting 1.14. At the end of the trading day, the stock’s price was $0.26, reflecting an intraday gain of 2.73% or $0.01. The 52-week high for the INUV share is $0.57, that puts it down -119.23 from that peak though still a striking 53.85% gain since the share price plummeted to a 52-week low of $0.12. The company’s market capitalization is $36.50M, and the average intraday trading volume over the past 10 days was 0.21 million shares, and the average trade volume was 409.67K shares over the past three months.

Inuvo Inc (AMEX:INUV) trade information

Inuvo Inc (INUV) registered a 2.73% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.73% in intraday trading to $0.26, hitting a weekly high. The stock’s 5-day price performance is 3.55%, and it has moved by -2.22% in 30 days. Based on these gigs, the overall price performance for the year is 25.86%. The short interest in Inuvo Inc (AMEX:INUV) is 36012.0 shares and it means that shorts have 0.09 day(s) to cover.

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Inuvo Inc (INUV) estimates and forecasts

Statistics show that Inuvo Inc has outperformed its competitors in share price, compared to the industry in which it operates. Inuvo Inc (INUV) shares have gone down -21.39% during the last six months, with a year-to-date growth rate more than the industry average at 87.50% against 4.80. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -100.00% this quarter and then jump 50.00% in the quarter after that. In the rating firms’ projections, revenue will increase 14.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 22.83M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 26.67M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 16.05%. While earnings are projected to return 37.50% in 2024, the next five years will return 30.00% per annum.

INUV Dividends

Inuvo Inc is due to release its next quarterly earnings on 2024-Nov-08. 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 14.38% of total outstanding shares while institutional holders control 19.33%, with the float percentage being 22.58%. PERKINS CAPITAL MANAGEMENT INC is the largest shareholder of the company, while 40.0 institutions own stock in it. As of 2024-06-30, the company held over 6.9 million shares (or 4.9742% of all shares), a total value of $1.77 million in shares.

The next largest institutional holding, with 6.09 million shares, is of HERALD INVESTMENT MANAGEMENT LTD’s that is approximately 4.39% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.57 million.