INUV Stock Summary and Trading Ideas (Inuvo | AMEX:INUV)

Inuvo Inc develops and sells information technology solutions for marketing. It develops technology to deliver content and targeted advertisements over the internet. Its products and services include ValidClick and IntentKey. The company's platforms identify and message online audiences for any product or service across devices, channels, and formats, including video, mobile, connected TV, display, social, and native. It has clients from various industries that include retail, automotive, insurance, health care, technology, telecommunications, and finance. Inuvo's revenue is derived from the placement of digital advertising throughout devices, websites, applications and browsers across social, search and programmatic advertising channels.

Inuvo trades on the AMEX stock market under the symbol INUV.

As of April 25, 2024, INUV stock price declined to $0.33 with 89,708 million shares trading.

INUV has a beta of 0.68, meaning it tends to be less sensitive to market movements. INUV has a correlation of 0.01 to the broad based SPY ETF.

INUV has a market cap of $45.45 million. This is considered a Sub-Micro Cap stock.

Last quarter Inuvo reported $21 million in Revenue and -$.02 earnings per share. This fell short of revenue expectation by $-3 million and missed earnings estimates by -$.02.

In the last 3 years, INUV stock traded as high as $1.14 and as low as $.12.

The top ETF exchange traded funds that INUV belongs to (by Net Assets): VTI, VXF.

INUV has underperformed the market in the last year with a return of +5.3%, while the SPY ETF gained +23.6%. In the last 3 month period, INUV fell short of the market, returning -22.0%, while SPY returned +4.1%. However, in the most recent 2 weeks INUV has outperformed the stock market by returning +1.6%, while SPY returned -2.1%.

INUV support price is $.31 and resistance is $.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that INUV stock will trade within this expected range on the day.