In last trading session, Inuvo Inc (AMEX:INUV) saw 4.47 million shares changing hands with its beta currently measuring 1.19. Company’s recent per share price level of $0.37 trading at -$0.01 or -3.60% at ring of the bell on the day assigns it a market valuation of $51.98M. That closing price of INUV’s stock is at a discount of -54.05% from its 52-week high price of $0.57 and is indicating a premium of 48.65% from its 52-week low price of $0.19. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.22 million shares which gives us an average trading volume of 825.55K if we extend that period to 3-months.
Inuvo Inc (AMEX:INUV) trade information
Upright in the red during last session for losing -3.60%, in the last five days INUV remained trading in the green while hitting it’s week-highest on Wednesday, 12/18/24 when the stock touched $0.37 price level, adding 19.57% to its value on the day. Inuvo Inc’s shares saw a change of -12.94% in year-to-date performance and have moved 8.79% in past 5-day. Inuvo Inc (AMEX:INUV) showed a performance of 80.31% in past 30-days. Number of shares sold short was 0.34 million shares which calculate 0.88 days to cover the short interests.
Inuvo Inc (INUV) estimates and forecasts
Statistics highlight that Inuvo Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 51.02% of value to its shares in past 6 months, showing an annual growth rate of 75.00% while that of industry is 20.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 16.05% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 45.83% while estimates for its earnings growth in next 5 years are of 30.00%.
Inuvo Inc (AMEX:INUV)’s Major holders
Insiders are in possession of 14.38% of company’s total shares while institution are holding 19.47 percent of that, with stock having share float percentage of 22.74%. Investors also watch the number of corporate investors in a company very closely, which is 19.47% institutions for Inuvo Inc that are currently holding shares of the company. PERKINS CAPITAL MANAGEMENT INC is the top institutional holder at INUV for having 6.9 million shares of worth $1.77 million. And as of 2024-06-30, it was holding 4.9742 of the company’s outstanding shares.
The second largest institutional holder is HERALD INVESTMENT MANAGEMENT LTD, which was holding about 6.09 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.39 of outstanding shares, having a total worth of $1.57 million.
