Inuvo (NYSEAMERICAN:INUV) Announces Earnings Results

Inuvo (NYSEAMERICAN:INUV) released its quarterly earnings data on Thursday. The company reported ($0.17) EPS for the quarter, Zacks reports. Inuvo had a negative net margin of 8.57% and a negative return on equity of 43.78%.

Inuvo Stock Performance

Shares of INUV stock traded down $0.01 during trading on Thursday, reaching $0.39. 63,187 shares of the company’s stock were exchanged, compared to its average volume of 238,955. Inuvo has a twelve month low of $0.38 and a twelve month high of $3.80. The firm’s fifty day moving average price is $0.51 and its 200-day moving average price is $1.37. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.77. The stock has a market capitalization of $6.35 million, a PE ratio of -1.28 and a beta of 1.27.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut Inuvo from a “strong-buy” rating to a “hold” rating in a report on Monday, August 24th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $5.00.

About Inuvo

Inuvo, Inc. (NYSE American: INUV) is an advertising technology company that develops artificial intelligence-powered solutions for brands, agencies, publishers and other digital media participants. Its technology is designed to help advertisers identify audiences, deliver relevant advertising and improve campaign performance across digital channels. The company’s principal platform, IntentKey, uses artificial intelligence and contextual analysis to identify consumer interests and purchase intent.