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

StockNews.com assumed coverage on shares of Fluent (NASDAQ:FLNT) in a report issued on Tuesday morning. The brokerage issued a hold rating on the stock.

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

Fluent Stock Performance

Shares of FLNT stock opened at $2.89 on Tuesday. The stock has a market capitalization of $48.77 million, a PE ratio of -1.61 and a beta of 2.28. The business’s 50 day simple moving average is $2.92 and its 200 day simple moving average is $3.10. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.94 and a quick ratio of 0.94. Fluent has a one year low of $2.31 and a one year high of $4.78.

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.