StockNews.com started coverage on shares of Inuvo (NYSE:INUV – Free Report) in a research note released on Wednesday morning. The firm issued a hold rating on the stock.
Inuvo Price Performance
NYSE INUV opened at $0.23 on Wednesday. The company has a 50-day simple moving average of $0.26 and a two-hundred day simple moving average of $0.28. Inuvo has a 12-month low of $0.12 and a 12-month high of $0.57. The firm has a market cap of $32.48 million, a price-to-earnings ratio of -2.90 and a beta of 1.14.
Inuvo (NYSE:INUV – Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.02) by $0.01. The firm had revenue of $18.21 million during the quarter. Inuvo had a negative net margin of 9.21% and a negative return on equity of 46.09%. Equities analysts expect that Inuvo will post -0.01 earnings per share for the current fiscal year.
Institutional Trading of Inuvo
About Inuvo
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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