Fluent (NASDAQ:FLNT) Earns Hold Rating from Analysts at StockNews.com

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

Fluent Trading Down 0.3 %

FLNT stock opened at $2.92 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.27. Fluent has a 12-month low of $2.31 and a 12-month high of $4.30. The stock has a market cap of $49.29 million, a price-to-earnings ratio of -1.62 and a beta of 2.25. The business’s 50-day moving average is $2.78 and its 200 day moving average is $2.91.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FLNT. Tieton Capital Management LLC boosted its holdings in shares of Fluent by 25.7% during the 4th quarter. Tieton Capital Management LLC now owns 1,061,885 shares of the company’s stock worth $2,676,000 after purchasing an additional 216,877 shares during the last quarter. CacheTech Inc. purchased a new stake in shares of Fluent during the 4th quarter valued at approximately $76,000. Intelligence Driven Advisers LLC purchased a new stake in shares of Fluent during the 4th quarter valued at approximately $66,000. Finally, Geode Capital Management LLC raised its position in shares of Fluent by 26.2% during the 4th quarter. Geode Capital Management LLC now owns 92,527 shares of the company’s stock valued at $233,000 after buying an additional 19,238 shares during the period. 23.33% of the stock is currently owned by institutional investors and hedge funds.

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.