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Sunday, April 2, 2023

There Is A Quest For Clarity Surrounding Inuvo Inc. (AMEX: INUV) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Inuvo Inc. (INUV) shows that investor sentiment remained same, with the stock’s consolidated last price remained same by $0.00, or -1.26%, to $0.29. The Inuvo Inc. has recorded 9,815 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Inuvo Reports 26.4% Increase in Revenue to $75.6 Million for 2022.

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Stocks Info

This AMEX-listed company operates within the Advertising Agencies industry segment, falling under the Communication Services sector. At the end of the last regular session, the stock closed at $0.29 and fluctuated between $0.3300 as its day high and $0.2805 as its day low. The current market capitalization of Inuvo Inc. is $39.67M. A total of 0.67 million shares were traded on the day, compared to an average of 308.55K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, INUV has seen 7 BUY and 3 SELL insider trades, representing the acquisition of 636,666 and the disposition of 242,768 shares. Over the last 12 months, there were 19 BUYs and 9 SELLs from insiders. Insiders purchased 1,711,000 shares during that period but sold 522,359.

In the most recent transaction, Lee Kenneth Ewell bought 12,500 shares of INUV for 0.47 per share on May 24. After the transaction, the Director now owns 425,000 company shares. In a previous transaction on May 23, Lee Kenneth Ewell bought 12,500 shares at 0.48 per share. INUV shares that Director owns now total 412,500.

Among the insiders who bought shares, Lee Kenneth Ewell acquired of 25,000 shares on May 20 at a per-share price of $0.48. This resulted in the Director holding 400,000 shares of INUV after the transaction. In another insider transaction, Lee Kenneth Ewell bought 25,000 shares at $0.48 per share on May 19. Company shares held by the Director now total 375,000.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for INUV in the last 3 months, the mean price target is $1.00 with high estimates of $1.00 and low estimates of $1.00. In terms of 52-week highs and lows, INUV has a high of $0.59 and a low of $0.20.

As of this writing, INUV has an earnings estimate of -$0.02 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.02 per share and a lower estimate of -$0.03. The company reported an EPS of -$0.03 in the last quarter, which was -200.00% lower than expectations of -$0.01.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 1 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for INUV is Buy with a score of 5.00. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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