Fluent (NASDAQ:FLNT) Research Coverage Started at StockNews.com

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

Fluent Stock Up 2.5 %

Shares of NASDAQ:FLNT opened at $2.89 on Monday. The company has a market cap of $48.78 million, a price-to-earnings ratio of -1.61 and a beta of 2.25. Fluent has a 12 month low of $2.31 and a 12 month high of $4.30. 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 50-day moving average price of $2.75 and a 200 day moving average price of $2.92.

Institutional Trading of Fluent

A hedge fund recently bought a new stake in Fluent stock. Intelligence Driven Advisers LLC acquired a new position in Fluent, Inc. (NASDAQ:FLNT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 26,231 shares of the company’s stock, valued at approximately $66,000. Intelligence Driven Advisers LLC owned about 0.16% of Fluent at the end of the most recent reporting period. Institutional investors and hedge funds own 23.33% of the company’s stock.

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.