StockNews.com began coverage on shares of Inuvo (NYSE:INUV – Free Report) in a research note issued to investors on Saturday. The brokerage issued a hold rating on the stock.
Inuvo Stock Performance
Shares of NYSE INUV opened at $0.24 on Friday. The company has a market capitalization of $33.78 million, a PE ratio of -3.02 and a beta of 1.15. The company’s fifty day moving average price is $0.28 and its 200 day moving average price is $0.30. Inuvo has a 1 year low of $0.12 and a 1 year high of $0.57.
Inuvo (NYSE:INUV – Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 46.09% and a negative net margin of 9.21%. On average, equities analysts expect that Inuvo will post -0.01 EPS for the current year.
Hedge Funds Weigh In On 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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