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

Stock analysts at StockNews.com started coverage on shares of Fluent (NASDAQ:FLNT) in a research report issued on Monday. The brokerage set a “hold” rating on the stock.

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

Fluent Stock Performance

Fluent stock opened at $2.76 on Monday. The firm has a market capitalization of $46.59 million, a P/E ratio of -1.53 and a beta of 2.28. The stock has a fifty day moving average price of $2.98 and a two-hundred day moving average price of $3.15. Fluent has a 52-week low of $2.31 and a 52-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.

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.