Equities research analysts at StockNews.com began coverage on shares of Inuvo (NYSE:INUV - Get Free Report) in a research report issued on Wednesday. The brokerage set a "hold" rating on the stock.
Separately, Maxim Group raised shares of Inuvo to a "strong-buy" rating in a research note on Friday, November 8th.
View Our Latest Report on INUV
Inuvo Price Performance
NYSE INUV traded down $0.01 on Wednesday, reaching $0.49. The stock had a trading volume of 461,311 shares, compared to its average volume of 1,205,758. The company has a market cap of $68.85 million, a P/E ratio of -8.17 and a beta of 0.91. The firm has a fifty day moving average of $0.46 and a two-hundred day moving average of $0.33. Inuvo has a 1-year low of $0.19 and a 1-year high of $0.79.
Inuvo (NYSE:INUV - Get Free Report) last released its quarterly earnings results on Friday, November 8th. The company reported ($0.01) EPS for the quarter. The business had revenue of $22.37 million for the quarter. Inuvo had a negative return on equity of 57.24% and a negative net margin of 10.59%. Research analysts predict that Inuvo will post -0.02 EPS for the current fiscal year.
Institutional Trading of Inuvo
An institutional investor recently raised its position in Inuvo stock. Geode Capital Management LLC lifted its position in shares of Inuvo, Inc. (NYSE:INUV - Free Report) by 7.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,069,390 shares of the company's stock after buying an additional 73,682 shares during the quarter. Geode Capital Management LLC owned about 0.76% of Inuvo worth $264,000 at the end of the most recent reporting period. 29.36% of the stock is owned by hedge funds and other institutional investors.
Inuvo Company Profile
(
Get Free Report)
Inuvo, Inc engages in the advertising technology and services business primarily in the United States. It sells information technology solutions to brands, agencies, and large consolidators of advertising demand (platforms). Its platforms optimize the purchase and placement of advertising in real time.
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