StockNews.com Begins Coverage on Fluent (NASDAQ:FLNT)

Investment analysts at StockNews.com initiated coverage on shares of Fluent (NASDAQ:FLNT) in a research report issued on Tuesday. The brokerage set a “hold” rating on the stock.

Separately, Canaccord Genuity Group reduced their target price on shares of Fluent from $4.50 to $4.00 and set a “hold” rating for the company in a report on Tuesday, August 20th.

Fluent Stock Down 5.0 %

FLNT stock opened at $2.68 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.94 and a quick ratio of 0.94. The stock has a market capitalization of $45.23 million, a P/E ratio of -1.49 and a beta of 2.28. Fluent has a fifty-two week low of $2.31 and a fifty-two week high of $4.78. The business has a 50-day moving average of $2.93 and a 200-day moving average of $3.11.

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.