A Look at Inuvo Inc (INUV) Shares in the Recent Past Indicates Growth

With 0.95 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.73 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $0.5199 whereas the lowest price it dropped to was $0.4701. The 52-week range on INUV shows that it touched its highest point at $0.79 and its lowest point at $0.19 during that stretch. It currently has a 1-year price target of $0.95. Beta for the stock currently stands at 0.97.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of INUV was down-trending over the past week, with a drop of -19.55%, but this was up by 50.99% over a month. Three-month performance surged to 97.58% while six-month performance rose 71.17%. The stock gained 16.70% in the past year, while it has lost -20.56% so far this year. A look at the trailing 12-month EPS for INUV yields -0.06 with Next year EPS estimates of -0.01. For the next quarter, that number is -0.01. This implies an EPS growth rate of 45.83% for this year and 76.92% for next year.

Float and Shares Shorts:

At present, 140.47 million INUV shares are outstanding with a float of 114.38 million shares on hand for trading. On 2024-10-15, short shares totaled 0.34 million, which was 23.999999000000003 higher than short shares on 1726185600. In addition to Mr. Richard K. Howe as the firm’s Executive Chairman & CEO, Mr. Barry Lowenthal serves as its President.

Institutional Ownership:

Through their ownership of 0.19471 of INUV’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, INUV reported revenue of $22371153.0 and operating income of -$1943262.0. The EBITDA in the recently reported quarter was -$1329868.0 and diluted EPS was -$0.01.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With INUV analysts setting a high price target of 1.0 and a low target of 0.85, the average target price over the next 12 months is 0.95. Based on these targets, INUV could surge 96.08% to reach the target high and rise by 66.67% to reach the target low. Reaching the average price target will result in a growth of 86.27% from current levels.

Analysts have provided yearly estimates in a range of -$0.03913496 being high and -$0.04808802 being low. For INUV, this leads to a yearly average estimate of -$0.043333. Based on analyst estimates, the high estimate for the next quarter is -$0.02 and the low estimate is -$0.02. The average estimate for the next quarter is thus -$0.02.