Inuvo (NYSE:INUV – Get Free Report) announced its quarterly earnings data on Friday. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01), RTT News reports. Inuvo had a negative net margin of 10.59% and a negative return on equity of 57.24%. During the same quarter in the previous year, the firm posted ($0.01) earnings per share.
Inuvo Stock Up 3.3 %
Shares of INUV opened at $0.41 on Friday. The company has a market cap of $58.59 million, a P/E ratio of -6.80 and a beta of 0.98. Inuvo has a fifty-two week low of $0.19 and a fifty-two week high of $0.79. The firm’s 50 day moving average price is $0.38 and its 200 day moving average price is $0.39.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on INUV shares. HC Wainwright started coverage on shares of Inuvo in a research note on Tuesday, March 11th. They set a “buy” rating and a $2.00 target price on the stock. StockNews.com assumed coverage on shares of Inuvo in a research report on Sunday, May 4th. They set a “hold” rating on the stock.
About Inuvo
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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