Investment analysts at StockNews.com started coverage on shares of Inuvo (NYSE:INUV – Get Free Report) in a research note issued on Sunday. The brokerage set a “hold” rating on the stock.
Inuvo Price Performance
Shares of NYSE INUV opened at $0.25 on Friday. The firm has a market cap of $35.09 million, a price-to-earnings ratio of -3.12 and a beta of 1.15. The company’s 50-day simple moving average is $0.28 and its 200-day simple moving average is $0.30. Inuvo has a 52-week low of $0.12 and a 52-week high of $0.57.
Inuvo (NYSE:INUV – Get Free Report) last issued its quarterly earnings results 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. Inuvo had a negative net margin of 9.21% and a negative return on equity of 46.09%. The firm had revenue of $18.21 million for the quarter. Equities research analysts anticipate that Inuvo will post -0.01 EPS for the current fiscal year.
Institutional Investors 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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