Inuvo (NYSEAMERICAN:INUV) Stock Falls 1.5% – Time to Sell?

Inuvo, Inc (NYSEAMERICAN:INUV)’s share price was down 1.5% on Tuesday. The stock traded as low as $0.5713 and last traded at $0.5713. Approximately 89,575 shares were traded during trading, a decline of 45% from the average session volume of 163,400 shares. The stock had previously closed at $0.5801.

Analyst Upgrades and Downgrades

INUV has been the subject of several recent research reports. Zacks Research cut shares of Inuvo from a “strong-buy” rating to a “hold” rating in a report on Monday, August 24th. LADENBURG THALM/SH SH cut their price objective on Inuvo from $4.25 to $4.00 and set a “buy” rating for the company in a research report on Wednesday, July 8th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $5.00.

Inuvo Stock Performance

The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.60 and a current ratio of 0.60. The company has a market cap of $9.56 million, a PE ratio of -1.93 and a beta of 1.20. The firm’s 50 day moving average is $0.81 and its 200-day moving average is $1.42.

Inuvo (NYSEAMERICAN:INUV) last released its quarterly earnings data on Tuesday, August 11th. The company reported ($0.27) earnings per share for the quarter. Inuvo had a negative return on equity of 43.78% and a negative net margin of 8.57%.The company had revenue of $7.54 million for the quarter. On average, research analysts anticipate that Inuvo, Inc will post -0.18 earnings per share for the current fiscal year.

Institutional Trading of Inuvo

An institutional investor recently bought a new position in Inuvo stock. BlackRock Inc. purchased a new position in shares of Inuvo, Inc (NYSEAMERICAN:INUV) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 123,814 shares of the company’s stock, valued at approximately $156,000. BlackRock Inc. owned approximately 0.75% of Inuvo as of its most recent SEC filing. Institutional investors and hedge funds own 29.36% of the company’s stock.

About Inuvo

Inuvo, Inc (NYSE American: INUV) is an advertising technology company that develops artificial intelligence and machine-learning solutions for the digital marketing industry. Its technology is designed to help advertisers identify relevant audiences, deliver targeted advertising and measure campaign performance without relying primarily on personally identifiable information.

The company’s products include IntentKey, an AI-powered contextual advertising and audience-targeting platform that analyzes the content and concepts associated with web pages to help match consumers with relevant advertisements.