Stock analysts at StockNews.com assumed coverage on shares of Inuvo (NYSE:INUV – Get Free Report) in a report issued on Saturday. The firm set a “hold” rating on the stock.
Inuvo Stock Performance
NYSE INUV opened at $0.24 on Friday. The stock has a 50-day simple moving average of $0.29 and a two-hundred day simple moving average of $0.31. The firm has a market capitalization of $33.50 million, a P/E ratio of -2.99 and a beta of 1.15. Inuvo has a fifty-two week low of $0.12 and a fifty-two week high of $0.57.
Inuvo (NYSE:INUV – Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. The business had revenue of $18.21 million during the quarter. Inuvo had a negative return on equity of 46.09% and a negative net margin of 9.21%. As a group, analysts forecast that Inuvo will post -0.01 earnings per share for the current year.
Hedge Funds Weigh In On Inuvo
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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