In the last trading session, 2.28 million shares of the Inuvo Inc (AMEX:INUV) were traded, and its beta was 1.20. Most recently the company’s share price was $0.37, and it changed around $0.03 or 9.29% from the last close, which brings the market valuation of the company to $56.90M. INUV currently trades at a discount to its 52-week high of $0.57, offering almost -54.05% off that amount. The share price’s 52-week low was $0.19, which indicates that the current value has risen by an impressive 48.65% since then. We note from Inuvo Inc’s average daily trading volume that its 10-day average is 2.02 million shares, with the 3-month average coming to 712.25K.
Inuvo Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended INUV as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
Inuvo Inc (AMEX:INUV) trade information
Instantly INUV has showed a green trend with a performance of 9.29% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.4100 on recent trading dayincreased the stock’s daily price by 9.76%. The company’s shares are currently down -13.65% year-to-date, but still up 1.72% over the last five days. On the other hand, Inuvo Inc (AMEX:INUV) is 52.60% up in the 30-day period. We can see from the shorts that 0.34 million shares have been sold at a short interest cover period of 0.88 day(s).
Inuvo Inc (INUV) estimates and forecasts
Inuvo Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 45.63 percent over the past six months and at a 75.00% annual growth rate that is well above the industry average of 8.10%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 16.05%. Inuvo Inc earnings are expected to increase by 45.83% in 2024, but the outlook is positive 30.00% per year for the next five years.
INUV Dividends
Inuvo Inc’s next quarterly earnings report is expected to be released in January.
Inuvo Inc (AMEX:INUV)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 14.38% of Inuvo Inc shares, and 19.47% of them are in the hands of institutional investors. The stock currently has a share float of 22.74%. Inuvo Inc stock is held by 40.0 institutions, with PERKINS CAPITAL MANAGEMENT INC being the largest institutional investor. By 2024-06-30, it held 4.9742% of the shares, which is about 6.9 million shares worth $1.77 million.
HERALD INVESTMENT MANAGEMENT LTD, with 4.39% or 6.09 million shares worth $1.57 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
