Inuvo Inc. (AMEX:INUV) price is hovering higher on Monday, September 13, jumping 1.44% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $0.70, with intraday deals fluctuating between $0.70 and $0.73. The company’s 5Y monthly beta was ticking 0.85. Taking into account the 52-week price action we note that the stock hit a 52-week high of $2.35 and 52-week low of $0.31. The stock subtracted -9.95% on its value in the past month.
Inuvo Inc., which has a market valuation of $87.29 million, is expected to release its quarterly earnings report Nov 08, 2021 – Nov 12, 2021. Analysts tracking INUV have forecast the quarterly EPS to shrink by -0.02 per share this quarter, while the same analysts predict the annual EPS to hit -$0.06 for the year 2021 and up to -$0.01 for 2022. In this case, analysts estimate an annual EPS growth of 25.00% for the year and 83.30% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $14.18 million, with the likely lows of $14.18 million and highs of $14.18 million. Staying with the analyst view, there is a consensus estimate of $57.47 million for the company’s annual revenue in 2021. Per this projection, the revenue is forecast to grow 28.70% above that which the company brought in 2021.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give INUV a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned INUV a recommendation rating as follows: 0 rate it as a Hold; 1 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Inuvo Inc. (INUV) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that INUV’s price is at present -1.13% off the SMA20 and -10.79% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 43.19, with weekly volatility standing at 5.83%. The indicator jumps to 5.38% when calculated based on the past 30 days. Inuvo Inc. (AMEX:INUV)’s beta value is holding at 0.85, while the average true range (ATR) indicator is currently reading 0.04. Considering analysts have assigned the stock a price target range of $3.00-$3.00 as the low and high respectively, we find the trailing 12-month average consensus price target to be $3.00. Based on this estimate, we see that today’s price at last check is roughly -322.54% off the estimated low and -322.54% off the forecast high. Investors will no doubt be excited to see the share price fall to $3.00, which is the median consensus price, and at that level INUV would be -322.54% from recent price.
Turning out attention to how the Inuvo Inc. stock has performed in comparison to its peers in the industry, here’s what we find: INUV’s stock is 1.44% on the day and 78.85% in the past 12 months, while Blucora Inc. (BCOR) traded -0.74% in the latest session and is positioned 55.50% up on its price 12 months ago. Another comparison is with Alphabet Inc. (GOOGL) whose stock price is down -0.00% in the current trading session, and has flourished 87.80% over the past year. Also, eBay Inc. (EBAY) is currently showing down trend of -0.40% while its price kept floating at 37.71% over the past year. Elsewhere in the market, the S&P 500 Index has stumbled -0.21% in today’s early trading, with the Dow Jones Industrial also seeing a negative session so far with -0.57%.
An analysis of the Inuvo Inc. (AMEX:INUV) stock in terms of its daily trading volume indicates that the 3-month average is 1.90 million.
Current records show that the company has 116.50M in outstanding shares. The insiders’ percentage holdings are 13.34% of outstanding shares while the percentage share held by institutions stands at 17.50%. But the 55.20% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.