Equities researchers at StockNews.com started coverage on shares of Fluent (NASDAQ:FLNT - Get Free Report) in a note issued to investors on Tuesday. The firm set a "hold" rating on the stock.
Fluent Price Performance
NASDAQ:FLNT traded down $0.03 during mid-day trading on Tuesday, reaching $2.89. 938 shares of the company were exchanged, compared to its average volume of 13,851. Fluent has a 12 month low of $2.31 and a 12 month high of $4.30. The company has a fifty day moving average of $2.79 and a 200 day moving average of $2.90. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.27. The stock has a market cap of $48.78 million, a PE ratio of -1.61 and a beta of 2.25.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the business. Intelligence Driven Advisers LLC bought a new position in shares of Fluent in the 4th quarter valued at about $66,000. CacheTech Inc. bought a new position in shares of Fluent in the 4th quarter valued at about $76,000. Geode Capital Management LLC boosted its stake 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 valued at $233,000 after purchasing an additional 19,238 shares during the last quarter. Finally, Tieton Capital Management LLC boosted its stake in shares of Fluent by 25.7% in 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 during the last quarter. Institutional investors own 23.33% of the company's stock.
Fluent Company Profile
(
Get Free Report)
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.
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