How Do Inuvo Inc (AMEX:INUV)’s Fundamentals Affect Performance

The price of Inuvo Inc (AMEX:INUV) shares last traded on Wall Street rose 8.05% to $0.20.

Based on available information, 2 analysts follow Inuvo Inc (AMEX:INUV). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $1.00 and a low of $0.85, we find $0.93. Given the previous closing price of $0.19, this indicates a potential upside of 389.47 percent. INUV stock price is now -5.46% away from the 50-day moving average and -27.53% away from the 200-day moving average. The market capitalization of the company currently stands at $27.59M.

Among analysts, 0 rate the stock a hold while 2 rate it a buy. Brokers who have rated the stock have averaged $0.93 as their price target over the next twelve months.

With the price target of $2.25, Alliance Global Partners recently initiated with Buy rating for Inuvo Inc (AMEX: INUV).

Insiders disposed of 400,086 shares of company stock worth roughly $80017.20000000001 over the past 1 year. A total of 12.95% of the company’s stock is owned by insiders.

A candlestick chart of Inuvo Inc (AMEX: INUV) showed a price of $0.2050 on Friday morning. During the past 12 months, Inuvo Inc has had a low of $0.12 and a high of $0.51. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 1.10, and a quick ratio of 1.14. The fifty day moving average price for INUV is $0.2118 and a two-hundred day moving average price translates $0.2758 for the stock.

The latest earnings results from Inuvo Inc (AMEX: INUV) was released for Sep, 2023. According to the Advertising Agencies Company, earnings per share came in at -$0.03, beating analysts’ expectations of -$0.05 by 0.02. This compares to -$0.03 EPS in the same period last year. The net profit margin was -17.01% and return on equity was -54.28% for INUV. The company reported revenue of $16.65 million for the quarter, compared to $22.65 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -26.49 percent. For the current quarter, analysts expect INUV to generate $17.25M in revenue.

Inuvo Inc(INUV) Company Profile

Inuvo, Inc., a technology company, engages in the development and sale of information technology solutions for marketing and advertising industries in the United States. The company’s platforms identify and message online audiences for various products or services across devices, formats, and channels, including video, mobile, connected TV, linear TV, display, social, search, and native. Its platforms optimize the purchase and placement of advertising in real time. The company’s products and services include IntentKey, an artificial intelligence-based consumer intent recognition system designed to reach targeted mobile and desktop in-market audiences; and CampSight that provides marketing and advertising services, as well as collection of data, analytics, software, and publishing gets used to align merchant advertising messages with anonymous consumers across various websites online. It also operates a collection of websites under the Bonfire Publishing brand, which creates content across a range of topics, including health, finance, travel, careers, auto, education, and lifestyle categories. The company’s marketing channels consist of websites, social media, blogs, public relations, trade shows, and conferences. Inuvo, Inc. was incorporated in 1987 and is headquartered in Little Rock, Arkansas.

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