Geode Capital Management LLC Has $268,000 Position in Fluent, Inc. (NASDAQ:FLNT)

Geode Capital Management LLC reduced its holdings in Fluent, Inc. (NASDAQ:FLNT) by 8.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 73,289 shares of the company’s stock after selling 6,777 shares during the period. Geode Capital Management LLC owned 0.43% of Fluent worth $268,000 at the end of the most recent reporting period.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on shares of Fluent in a research note on Friday. They set a “hold” rating on the stock.

Fluent Stock Up 1.9 %

Fluent stock opened at $2.68 on Tuesday. The firm has a market capitalization of $45.23 million, a PE ratio of -1.49 and a beta of 2.23. The company’s 50-day moving average is $2.79 and its 200-day moving average is $3.00. Fluent, Inc. has a fifty-two week low of $2.31 and a fifty-two week high of $4.47. 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.