Home  »  Finance   »  Inuvo Inc. (AMEX: INUV): Overvalued In Comparison ...

Inuvo Inc. (AMEX: INUV): Overvalued In Comparison To Others?

Inuvo Inc. (AMEX:INUV) shares, rose in value on Wednesday, 05/24/23, with the stock price down by -4.11% to the previous day’s close as strong demand from buyers drove the stock to $0.35.

Actively observing the price movement in the last trading, the stock closed the session at $0.37, falling within a range of $0.33 and $0.38. The value of beta (5-year monthly) was 1.13. Referring to stock’s 52-week performance, its high was $0.59, and the low was $0.20. On the whole, INUV has fluctuated by 22.41% over the past month.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.


With the market capitalization of Inuvo Inc. currently standing at about $45.60 million, investors are eagerly awaiting this quarter’s results, scheduled for Aug 14, 2023 – Aug 18, 2023. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be -$0.04, which is expected to increase to -$0.03 for fiscal year -$0.11 and then to about -$0.08 by fiscal year 2024.

Analysts have estimated the company’s revenue for the quarter at $15.44 million, with a low estimate of $12.5 million and a high estimate of $18.38 million. According to the average forecast, sales growth in current quarter could jump down -31.80%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2024, the company’s y-o-y revenues would reach $66.56 million, representing a decrease of -12.00% from the revenues reported in the last year’s results.

Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that INUV’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium term indicators have put the stock in the category of 50% Sell while long term indicators on average have been pointing out that it is a Hold.

The stock’s technical analysis shows that the PEG ratio is about 0, with the price of INUV currently trading nearly 8.79% and 12.99% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 56.22, while the 7-day volatility ratio is showing 9.82% which for the 30-day chart, stands at 9.92%. Furthermore, Inuvo Inc. (INUV)’s beta value is 1.12, and its average true range (ATR) is 0.03. The company’s stock has been forecasted to trade at an average price of $1.00 over the course of the next 52 weeks, with a low of $1.00 and a high of $1.00. Based on these price targets, the low is -185.71% off current price, whereas the price has to move -185.71% to reach the yearly target high. Additionally, analysts’ median price of $1.00 is likely to be welcomed by investors because it represents a decrease of -185.71% from the current levels.

A comparison of Inuvo Inc. (INUV) with its peers suggests the former has fared considerably weaker in the market. INUV showed an intraday change of -4.11% in last session, and over the past year, it shrunk by -26.00%%. In comparison, Avantax Inc. (AVTA) has moved lower at -1.61% on the day and was up 29.85% over the past 12 months. On the other hand, the price of Alphabet Inc. (GOOGL) has fallen -1.35% on the day. The stock, however, is off 8.44% from where it was a year ago. Additionally, there is a loss of -1.10% for eBay Inc. (EBAY) in last trading while the stock has seen an overall depriciation of -4.18%% over the past year. Other than that, the overall performance of the S&P 500 during the last trading session shows that it lost -0.73%. Meanwhile, the Dow Jones Industrial Slipped by -0.77%.

Data on historical trading for Inuvo Inc. (AMEX:INUV) indicates that the trading volumes over the past 10 days have averaged 0.67 million and over the past 3 months, they’ve averaged 314.99K. According to company’s latest data on outstanding shares, there are 122.79 million shares outstanding.

Nearly 3.40% of Inuvo Inc.’s shares belong to company insiders and institutional investors own 16.10% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.73 million shares as on Apr 27, 2023, resulting in a short ratio of 3.15. According to the data, the short interest in Inuvo Inc. (INUV) stood at 0.60% of shares outstanding as of Apr 27, 2023; the number of short shares registered in Mar 30, 2023 reached 0.69 million. The stock has risen by 60.27% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the INUV stock heading into the next quarter.

Leave a Comment

Your email address will not be published. Required fields are marked *