Inuvo (NASDAQ:INUV) Trading Up 3.7%

Inuvo, Inc (NASDAQ:INUV) shares were up 3.7% on Wednesday . The company traded as high as $0.29 and last traded at $0.28, approximately 1,400 shares were traded during trading. A decline of 99% from the average daily volume of 258,105 shares. The stock had previously closed at $0.27.

Separately, Roth Capital reaffirmed a “buy” rating on shares of Inuvo in a research note on Friday, July 19th.

The firm’s 50 day moving average price is $0.26.

Inuvo (NASDAQ:INUV) last announced its earnings results on Wednesday, August 14th. The company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.07. The company had revenue of $14.05 million for the quarter, compared to the consensus estimate of $13.30 million.

About Inuvo (NASDAQ:INUV)

Inuvo, Inc, together with its subsidiaries, a technology company, provides data-driven platforms that automatically identify and message online audiences across video, mobile, connected TV, display, and social and native devices, channels, and formats in the United States. The company's digital marketplace allows advertisers and publishers the opportunity to buy and sell advertising space in real time.

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