The stock of Inuvo Inc (AMEX: INUV) has increased by 14.62 when compared to last closing price of 0.26. Despite this, the company has experienced a 34.00% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2023-11-10 that Inuvo, Inc. (NYSE:INUV ) Q3 2023 Earnings Conference Call November 10, 2023 11:00 AM ET Company Participants Natalya Rudman – Investor Relations Richard Howe – Chairman and Chief Executive Officer Aleesha Parris – Corporate Controller Conference Call Participants Brian Kinstlinger – Alliance Global Partners Operator Greetings. Welcome to the Inuvo Third Quarter 2023 Financial Results Conference Call.
Is It Worth Investing in Inuvo Inc (AMEX: INUV) Right Now?
while the 36-month beta value is 1.10.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average price point forecasted by analysts for Inuvo Inc (INUV) is $0.93, which is $0.64 above the current market price. The public float for INUV is 120.11M, and currently, short sellers hold a 0.39% ratio of that floaft. The average trading volume of INUV on November 21, 2023 was 592.73K shares.
INUV’s Market Performance
INUV stock saw an increase of 34.00% in the past week, with a monthly gain of 35.98% and a quarterly increase of 29.93%. The volatility ratio for the week is 19.28%, and the volatility levels for the last 30 days are 13.76% for Inuvo Inc (INUV). The simple moving average for the last 20 days is 43.12% for INUV stock, with a simple moving average of 9.00% for the last 200 days.
Analysts’ Opinion of INUV
Many brokerage firms have already submitted their reports for INUV stocks, with Alliance Global Partners repeating the rating for INUV by listing it as a “Buy.” The predicted price for INUV in the upcoming period, according to Alliance Global Partners is $2.25 based on the research report published on July 28, 2020 of the previous year 2020.
INUV Trading at 38.81% from the 50-Day Moving Average
After a stumble in the market that brought INUV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.20% of loss for the given period.
Volatility was left at 13.76%, however, over the last 30 days, the volatility rate increased by 19.28%, as shares surge +39.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.09% upper at present.
During the last 5 trading sessions, INUV rose by +31.82%, which changed the moving average for the period of 200-days by -40.48% in comparison to the 20-day moving average, which settled at $0.2101. In addition, Inuvo Inc saw 33.09% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for INUV
Current profitability levels for the company are sitting at:
- -16.73 for the present operating margin
- +43.51 for the gross margin
The net margin for Inuvo Inc stands at -17.34. The total capital return value is set at -45.27, while invested capital returns managed to touch -47.61. Equity return is now at value -54.28, with -32.35 for asset returns.
Based on Inuvo Inc (INUV), the company’s capital structure generated 2.22 points at debt to equity in total, while total debt to capital is 2.17. Total debt to assets is 1.32, with long-term debt to equity ratio resting at 0.43. Finally, the long-term debt to capital ratio is 0.42.
When we switch over and look at the enterprise to sales, we see a ratio of 0.45, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 7.42 and the total asset turnover is 1.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.20.
Conclusion
In a nutshell, Inuvo Inc (INUV) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.