StockNews.com initiated coverage on shares of Inuvo (NYSE:INUV - Free Report) in a research report report published on Thursday morning. The firm issued a hold rating on the stock.
Separately, Maxim Group upgraded shares of Inuvo to a "strong-buy" rating in a report on Friday, November 8th.
Check Out Our Latest Stock Report on Inuvo
Inuvo Stock Performance
Shares of NYSE:INUV traded down $0.01 during midday trading on Thursday, hitting $0.47. 642,062 shares of the company's stock traded hands, compared to its average volume of 1,205,758. The company has a market cap of $66.09 million, a PE ratio of -7.84 and a beta of 0.91. The firm's fifty day moving average price is $0.48 and its two-hundred day moving average price is $0.34. Inuvo has a twelve month low of $0.19 and a twelve month high of $0.79.
Hedge Funds Weigh In On Inuvo
Institutional investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC lifted its holdings in Inuvo by 9.3% in the 4th quarter. Renaissance Technologies LLC now owns 507,149 shares of the company's stock worth $328,000 after buying an additional 43,349 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Inuvo by 7.4% in the 3rd quarter. Geode Capital Management LLC now owns 1,069,390 shares of the company's stock worth $264,000 after buying an additional 73,682 shares in the last quarter. Bard Associates Inc. lifted its holdings in Inuvo by 7.1% in the 3rd quarter. Bard Associates Inc. now owns 4,234,177 shares of the company's stock worth $1,044,000 after buying an additional 279,100 shares in the last quarter. Finally, Perkins Capital Management Inc. increased its position in shares of Inuvo by 3.7% in the 4th quarter. Perkins Capital Management Inc. now owns 7,083,452 shares of the company's stock worth $4,579,000 after purchasing an additional 255,590 shares during the last quarter. Institutional investors and hedge funds own 29.36% of the company's stock.
About Inuvo
(
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.
Further Reading
Before you consider Inuvo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Inuvo wasn't on the list.
While Inuvo currently has a "Strong Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
