Fluent (NASDAQ:FLNT) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Fluent (NASDAQ:FLNT) in a report released on Monday. The brokerage issued a hold rating on the stock.

Fluent Trading Up 2.5 %

NASDAQ:FLNT opened at $2.89 on Monday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.94 and a current ratio of 0.94. The firm has a 50-day simple moving average of $2.75 and a 200-day simple moving average of $2.92. Fluent has a one year low of $2.31 and a one year high of $4.30. The firm has a market cap of $48.78 million, a P/E ratio of -1.61 and a beta of 2.25.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Fluent stock. Intelligence Driven Advisers LLC bought a new stake in Fluent, Inc. (NASDAQ:FLNT) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 26,231 shares of the company’s stock, valued at approximately $66,000. Intelligence Driven Advisers LLC owned about 0.16% of Fluent at the end of the most recent reporting period. 23.33% of the stock is currently owned by institutional investors and hedge funds.

Fluent Company Profile

Fluent, Inc provides data-driven digital marketing services in the United States and internationally. The company operates through Fluent and All Other segments. It offers customer acquisition services by operating digital marketing campaigns, through which the company connects its advertiser clients with consumers.