Fluent (NASDAQ:FLNT) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of Fluent (NASDAQ:FLNT) in a research note issued to investors on Saturday morning. The firm issued a hold rating on the stock.

Separately, Canaccord Genuity Group reduced their price objective on Fluent from $4.50 to $4.00 and set a “hold” rating on the stock in a research note on Tuesday, August 20th.

Fluent Price Performance

Shares of Fluent stock opened at $2.80 on Friday. 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 business has a 50-day moving average price of $3.06 and a 200 day moving average price of $3.22. Fluent has a fifty-two week low of $2.31 and a fifty-two week high of $4.78. The firm has a market cap of $47.26 million, a P/E ratio of -1.56 and a beta of 2.28.

About Fluent

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.