Inuvo Inc. [AMEX: INUV] closed the trading session at $1.45 on 01/19/21. The day’s price range saw the stock hit a low of $0.92, while the highest price level was $1.70. The company report on January 19, 2021 that Inuvo Closes $8.0 Million Common Stock Offering.
Inuvo, Inc. (NYSE American: INUV), a leading provider of marketing technology, powered by artificial intelligence that serves brands and agencies, announced the closing of its previously announced registered direct offering for total gross proceeds of $8.0 million before deducting placement agent fees and other estimated offering expenses.
Inuvo sold 13,333,334 shares of its common stock, par value $0.001 per share, at a price of $0.60 per share.
The stocks have a year to date performance of 220.16 percent and weekly performance of 120.70 percent. The stock has been moved at 150.00 percent over the last six months. The stock has performed 260.43 percent around the most recent 30 days and changed 309.60 percent over the most recent 3-months.
If compared to the average trading volume of 4.38M shares, INUV reached to a volume of 254864827 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Inuvo Inc. [INUV]:
Alliance Global Partners have made an estimate for Inuvo Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 28, 2020. The new note on the price target was released on December 14, 2015, representing the official price target for Inuvo Inc. stock. Previously, the target price had yet another raise to $4.50, while ROTH Capital analysts kept a Buy rating on INUV stock.
The Average True Range (ATR) for Inuvo Inc. is set at 0.14, with the Price to Sales ratio for INUV stock in the period of the last 12 months amounting to 2.95. The Price to Book ratio for the last quarter was 5.18, with the Price to Cash per share for the same quarter was set at 0.09.
INUV stock trade performance evaluation
Inuvo Inc. [INUV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 120.70. With this latest performance, INUV shares gained by 260.43% in over the last four-week period, additionally plugging by 150.00% over the last 6 months – not to mention a rise of 351.29% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for INUV stock in for the last two-week period is set at 87.61, with the RSI for the last a single of trading hit 89.89, and the three-weeks RSI is set at 85.42 for Inuvo Inc. [INUV]. The present Moving Average for the last 50 days of trading for this stock 0.4624, while it was recorded at 0.8485 for the last single week of trading, and 0.4471 for the last 200 days.
Inuvo Inc. [INUV]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Inuvo Inc. [INUV] shares currently have an operating margin of -10.95 and a Gross Margin at +50.50. Inuvo Inc.’s Net Margin is presently recorded at -7.29.
Return on Total Capital for INUV is now -42.48, given the latest momentum, and Return on Invested Capital for the company is -35.83. Return on Equity for this stock declined to -38.07, with Return on Assets sitting at -15.12. When it comes to the capital structure of this company, Inuvo Inc. [INUV] has a Total Debt to Total Equity ratio set at 37.92. Additionally, INUV Total Debt to Total Capital is recorded at 27.50, with Total Debt to Total Assets ending up at 15.50. Long-Term Debt to Equity for the company is recorded at 3.15, with the Long-Term Debt to Total Capital now at 2.28.
Reflecting on the efficiency of the workforce at the company, Inuvo Inc. [INUV] managed to generate an average of -$70,127 per employee. Receivables Turnover for the company is 8.63 with a Total Asset Turnover recorded at a value of 2.07.Inuvo Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.00.
Earnings per share (EPS) analysis for Inuvo Inc. [INUV] stock
With the latest financial reports released by the company, Inuvo Inc. posted -0.02/share EPS, while the average EPS was predicted by analysts to be reported at -0.02/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for INUV. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Inuvo Inc. go to 30.00%.
Inuvo Inc. [INUV]: Insider Ownership positions
There are presently around $11 million, or 31.20% of INUV stock, in the hands of institutional investors. The top three institutional holders of INUV stocks are: HERALD INVESTMENT MANAGEMENT LTD with ownership of 5,892,857, which is approximately 0% of the company’s market cap and around 11.30% of the total institutional ownership; PERKINS CAPITAL MANAGEMENT INC, holding 4,640,211 shares of the stock with an approximate value of $3.02 million in INUV stocks shares; and VANGUARD GROUP INC, currently with $1.74 million in INUV stock with ownership of nearly 228.129% of the company’s market capitalization.
Positions in Inuvo Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 19 institutional holders increased their position in Inuvo Inc. [AMEX:INUV] by around 3,840,264 shares. Additionally, 6 investors decreased positions by around 947,474 shares, while 9 investors held positions by with 12,587,876 shares. The mentioned changes placed institutional holdings at 17,375,614 shares, according to the latest SEC report filing. INUV stock had 6 new institutional investments in for a total of 498,050 shares, while 3 institutional investors sold positions of 38,092 shares during the same period.