Is Inuvo Inc (AMEX: INUV) Potentially Life-Changing Stock?

In the last trading session, 1.32 million Inuvo Inc (AMEX:INUV) shares changed hands as the company’s beta touched 1.12. With the company’s per share price at $0.21 changed hands at -$0.02 or -6.14% during last session, the market valuation stood at $29.86M. INUV’s last price was a discount, traded about -171.43% off its 52-week high of $0.57. The share price had its 52-week low at $0.20, which suggests the last value was 4.76% up since then. When we look at Inuvo Inc’s average trading volume, we note the 10-day average is 0.67 million shares, with the 3-month average coming to 370.65K.

Inuvo Inc (AMEX:INUV) trade information

Instantly INUV was in red as seen at the end of in last trading. With action -10.53%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -50.00%, with the 5-day performance at -10.53% in the red. However, in the 30-day time frame, Inuvo Inc (AMEX:INUV) is -16.11% down. Looking at the short shares, we see there were 0.34 million shares sold at short interest cover period of 0.88 days.

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Inuvo Inc (INUV) estimates and forecasts

Data shows that the Inuvo Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -32.60% over the past 6 months, a 87.50% in annual growth rate that is considerably higher than the industry average of 4.30%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 16.05%. The 2024 estimates are for Inuvo Inc earnings to increase by 45.83%, but the outlook for the next 5-year period is at 30.00% per year.

INUV Dividends

Inuvo Inc is expected to release its next quarterly earnings report in December.

Inuvo Inc (AMEX:INUV)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 14.38% of Inuvo Inc shares while 19.47% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 22.74%. There are 19.47% institutions holding the Inuvo Inc stock share, with PERKINS CAPITAL MANAGEMENT INC the top institutional holder. As of 2024-06-30, the company held 4.9742% of the shares, roughly 6.9 million INUV shares worth $1.77 million.

HERALD INVESTMENT MANAGEMENT LTD holds the second largest percentage of outstanding shares, with 4.39% or 6.09 million shares worth $1.57 million as of 2024-06-30.