Inuvo Inc (AMEX:INUV)’s traded shares stood at 0.52 million during the latest session, with the company’s beta value hitting 1.20. At the last check today, the stock’s price was $0.34, to imply an increase of 11.70% or $0.04 in intraday trading. The INUV share’s 52-week high remains $0.57, putting it -67.65% down since that peak but still an impressive 44.12% since price per share fell to its 52-week low of $0.19. The company has a valuation of $47.75M, with an average of 1.95 million shares in intraday trading volume over the past 10 days and average of 694.49K shares over the past 3 months.
Inuvo Inc (AMEX:INUV) trade information
After registering a 11.70% upside in the latest session, Inuvo Inc (INUV) has traded red over the past five days. The 5-day price performance for the stock is 13.68%, and 40.34% over 30 days. With these gigs, the year-to-date price performance is -20.02%. Short interest in Inuvo Inc (AMEX:INUV) saw shorts transact 0.34 million shares and set a 0.88 days time to cover.
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Inuvo Inc (INUV) estimates and forecasts
Looking at statistics comparing Inuvo Inc share performance against respective industry, we note that the company has outperformed competitors. Inuvo Inc (INUV) shares are 39.30% up over the last 6 months, with its year-to-date growth rate higher than industry average at 75.00% against 8.10%. The rating firms project that company’s revenue will grow 12.14% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 25.28M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 19.13M.Earnings reports from the last fiscal year show that sales brought in 20.84M and 17.02M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 21.31% before jumping 12.35% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 16.05% for the past 5-year period. While 2024 is set for a 45.83% return in earnings, projections for the next 5 years are at 30.00% annually.
INUV Dividends
Inuvo Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Inuvo Inc (AMEX:INUV)’s Major holders
Inuvo Inc insiders hold 14.38% of total outstanding shares, with institutional holders owning 19.47% of the shares at 22.74% float percentage. In total, 19.47% institutions holds shares in the company, led by PERKINS CAPITAL MANAGEMENT INC. As of 2024-06-30, the company held over 6.9 million shares (or 4.9742% of shares), all amounting to roughly $1.77 million.
The next major institution holding the largest number of shares is HERALD INVESTMENT MANAGEMENT LTD with 6.09 million shares, or about 4.39% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.57 million.
