Inuvo, Inc (NASDAQ:INUV) Receives Average Rating of “Strong Buy” from Brokerages

Shares of Inuvo, Inc (NASDAQ:INUV) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation. Inuvo’s rating score has improved by 50% in the last 90 days as a result of a number of analysts’ ratings changes.

Analysts have set a one year consensus price objective of $1.41 for the company and are anticipating that the company will post ($0.13) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Inuvo an industry rank of 145 out of 256 based on the ratings given to its competitors.

Separately, Roth Capital set a $14.00 price target on Mitek Systems and gave the stock a “buy” rating in a report on Friday, July 19th.

Shares of NASDAQ INUV traded up $0.02 during trading on Tuesday, reaching $0.30. The company had a trading volume of 593,563 shares, compared to its average volume of 276,099. Inuvo has a twelve month low of $0.26 and a twelve month high of $1.75.

Inuvo (NASDAQ:INUV) last released its quarterly earnings results on Wednesday, May 15th. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $15.47 million during the quarter.

Inuvo Company Profile

Inuvo, Inc, together with its subsidiaries, a technology company, provides data-driven platforms that automatically identify and message online audiences across video, mobile, connected TV, display, and social and native devices, channels, and formats in the United States. The company's digital marketplace allows advertisers and publishers the opportunity to buy and sell advertising space in real time.

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