Inuvo (NYSEAMERICAN:INUV) Releases Earnings Results

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

Inuvo Price Performance

INUV stock traded down $0.01 during trading on Thursday, reaching $0.39. 63,187 shares of the company were exchanged, compared to its average volume of 238,955. The company has a 50-day moving average of $0.51 and a two-hundred day moving average of $1.37. The company has a market capitalization of $6.35 million, a price-to-earnings ratio of -1.28 and a beta of 1.27. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.60 and a quick ratio of 0.60. Inuvo has a twelve month low of $0.38 and a twelve month high of $3.80.

Analyst Ratings Changes

Separately, Zacks Research cut Inuvo from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 24th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Inuvo currently 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.