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

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

Fluent Stock Up 1.4 %

FLNT opened at $2.87 on Monday. Fluent has a 1-year low of $2.31 and a 1-year high of $4.30. The firm’s 50 day simple moving average is $2.75 and its two-hundred day simple moving average is $2.93. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.27. The company has a market capitalization of $48.44 million, a PE ratio of -1.59 and a beta of 2.23.

Institutional Trading of Fluent

An institutional investor recently bought a new position in Fluent stock. Intelligence Driven Advisers LLC acquired a new stake in Fluent, Inc. (NASDAQ:FLNT) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,231 shares of the company’s stock, valued at approximately $66,000. Intelligence Driven Advisers LLC owned approximately 0.16% of Fluent as of its most recent SEC filing. 23.33% of the stock is owned by hedge funds and other institutional investors.

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.