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

Investment analysts at StockNews.com assumed coverage on shares of Fluent (NASDAQ:FLNT) in a research note issued to investors on Monday. The firm set a “hold” rating on the stock.

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

Fluent Stock Performance

Shares of Fluent stock opened at $2.76 on Monday. Fluent has a fifty-two week low of $2.31 and a fifty-two week high of $4.78. 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 firm has a market capitalization of $46.59 million, a P/E ratio of -1.53 and a beta of 2.28. The company’s 50 day moving average price is $2.95 and its two-hundred day moving average price is $3.14.

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.