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

StockNews.com began coverage on shares of Fluent (NASDAQ:FLNT) in a report published on Wednesday morning. The firm issued a hold rating on the stock.

Fluent Price Performance

Fluent stock opened at $2.81 on Wednesday. The stock’s 50 day moving average is $2.80 and its 200 day moving average is $2.89. Fluent has a one year low of $2.31 and a one year high of $4.30. The firm has a market cap of $47.43 million, a P/E ratio of -1.56 and a beta of 2.25. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.94 and a quick ratio of 0.94.

Institutional Investors Weigh In On Fluent

A number of institutional investors have recently modified their holdings of FLNT. Intelligence Driven Advisers LLC acquired a new position in Fluent in the fourth quarter valued at $66,000. CacheTech Inc. bought a new position in shares of Fluent in the 4th quarter worth about $76,000. Geode Capital Management LLC raised its position in shares of Fluent by 26.2% in the 4th quarter. Geode Capital Management LLC now owns 92,527 shares of the company’s stock worth $233,000 after acquiring an additional 19,238 shares in the last quarter. 4WEALTH Advisors Inc. acquired a new position in shares of Fluent in the 4th quarter valued at about $576,000. Finally, Tieton Capital Management LLC boosted its position in shares of Fluent by 25.7% during the 4th quarter. Tieton Capital Management LLC now owns 1,061,885 shares of the company’s stock valued at $2,676,000 after purchasing an additional 216,877 shares in the last quarter. 23.33% of the stock is owned by institutional investors.

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.