StockNews.com assumed coverage on shares of Inuvo (NYSE:INUV – Free Report) in a research note issued to investors on Monday morning. The brokerage issued a hold rating on the stock.
Inuvo Stock Performance
Shares of INUV opened at $0.27 on Monday. The company has a market capitalization of $38.27 million, a PE ratio of -3.42 and a beta of 1.19. Inuvo has a 12 month low of $0.12 and a 12 month high of $0.57. The stock’s 50-day moving average price is $0.28 and its two-hundred day moving average price is $0.33.
Inuvo (NYSE:INUV – Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported ($0.01) EPS for the quarter, topping the consensus estimate of ($0.02) by $0.01. The firm had revenue of $18.21 million for the quarter. Inuvo had a negative return on equity of 51.44% and a negative net margin of 11.46%. Equities research analysts predict that Inuvo will post -0.01 EPS for the current fiscal year.
Institutional Inflows and Outflows
Inuvo Company Profile
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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