Fluent (NASDAQ:FLNT) Coverage Initiated at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of Fluent (NASDAQ:FLNT) in a report released on Tuesday. The brokerage set a “hold” rating on the stock.

Separately, Canaccord Genuity Group dropped their target price on 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

Shares of Fluent stock opened at $2.68 on Tuesday. 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 50 day simple moving average of $2.93 and a 200 day simple moving average of $3.11. Fluent has a fifty-two week low of $2.31 and a fifty-two week high of $4.78. The firm has a market cap of $45.23 million, a P/E ratio of -1.49 and a beta of 2.28.

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.