With 1.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.58 million shares. The 52-week range on INUV shows that it touched its highest point at $0.57 and its lowest point at $0.12 during that stretch. It currently has a 1-year price target of $0.85. Beta for the stock currently stands at 1.38.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of INUV was up-trending over the past week, with a rise of 3.20%, but this was up by 28.84% over a month. Three-month performance surged to 67.45% while six-month performance rose 113.38%. The stock gained 31.35% in the past year, while it has gained 18.99% so far this year. A look at the trailing 12-month EPS for INUV yields -0.08 with Next year EPS estimates of -0.02. For the next quarter, that number is -0.03. This implies an EPS growth rate of 37.50% for this year and 60.00% for next year. EPS is expected to grow by 30.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 16.05%.
Float and Shares Shorts:
At present, 137.98 million INUV shares are outstanding with a float of 119.22 million shares on hand for trading. On Feb 15, 2024, short shares totaled 0.72 million, which was 0.52% higher than short shares on Jan 12, 2024. In addition to INUV as the firm’s Inuvo, Inc., INOV serves as its Inovalon Holdings, Inc.
Institutional Ownership:
Through their ownership of 19.45% of INUV’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for INUV since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
