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

Equities researchers at StockNews.com initiated coverage on shares of Fluent (NASDAQ:FLNT) in a report issued on Sunday. The brokerage set a “hold” rating on the stock.

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

Fluent Stock Performance

Shares of FLNT stock opened at $2.66 on Friday. 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 cap of $44.90 million, a PE ratio of -1.48 and a beta of 2.28. The company’s fifty day simple moving average is $3.06 and its 200-day simple moving average is $3.18. Fluent has a 52 week low of $2.31 and a 52 week 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.