This Analyst Recently Issued Research Note On Inuvo Inc. (INUV)

As of Friday close, Inuvo Inc.’s (AMEX:INUV) stock was down -$0.01, moving down -3.66 percent to $0.22. The average number of shares traded per day over the past five days has been 461,960 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.0210 fall in that time frame. In the last twenty days, the average volume was 557,135, while in the previous 50 days, it was 520,198.

Since last month, INUV stock rose 2.28%. Shares of the company fell to $0.2000 on 07/24/23, the lowest level in the past month. A 52-week high of $0.59 was reached on 02/06/23 after having rallying from a 52-week low of $0.20. Since the beginning of this year, INUV’s stock price has risen by 1.13% or $0.0025, and marked a new high 14 times. However, the stock has declined by -62.03% since its 52-week high.

Valuation Metrics

The stock’s beta is 1.15. Besides these, the trailing price-to-sales (P/S) ratio of 0.42, the price-to-book (PB) ratio of 1.49.

Financial Health

In the three months ended June 29, Inuvo Inc.’s quick ratio stood at 1.10, while its current ratio was 1.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.01, and the total debt-to-equity ratio was 0.04. On the profitability front, the trailing twelve-month gross margin is 64.00% percent. In the year ended June 29, EBITDA margin amounted to -13.29%, whereas operating margins totaled -18.20%. Based on annual data, INUV earned $45.36 million in gross profit and brought in $75.6 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -57.80%. Return on equity (ROE) for the past 12 months was -55.70%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. INUV’s revenue fell -11.77% to $8.68 million during the quarter, while net income inched up to $16.65 million. While analysts expected Inuvo Inc. to report -$0.05 quarterly earnings, the actual figure was -$0.03 per share. During the quarter, the company generated -$2.63 million in EBITDA. The liabilities of Inuvo Inc. were 14.78 million at the end of its most recent quarter ended June 29, and its total debt was $0.24 million. The value of shareholders’ equity is $137.95 million.

Technical Picture

This quick technical analysis looks at Inuvo Inc.’s (INUV) price momentum. With a historical volatility rate of 45.78%, the RSI 9-day stood at 38.21% on 18 August.

With respect to its five-day moving average, the current Inuvo Inc. price is down by -8.57% percent or -$0.0210. At present, INUV shares trade +6.31% above its 20-day simple moving average and -24.55% percent below its 100-day simple moving average. However, the stock is currently trading approximately -9.75% below its SMA50 and -39.48% below its SMA200.

Stochastic coefficient K was 23.50% and Stochastic coefficient D was 31.83%, while ATR was 0.0166. Given the Stochastic reading of 15.75% for the 14-day period, the RSI (14) reading has been calculated as 42.58%.

Analyst Ratings

Alliance Global Partners launched its rating on Inuvo Inc. (AMEX: INUV) to a Buy in a note to investors on July 28, 2020. Inuvo Inc. (INUV) has been rated Buy by analysts. According to 0 brokerage firms, INUV is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Inuvo Inc. stock as buy, with 2 recommending it as overweight.

With a median target price of $0.75, the current consensus forecast for the stock is $0.50 – $1.00. Based on these forecasts, analysts predict Inuvo Inc. (INUV) will achieve an average price target of $0.75.

Most Popular

Related Posts