Fluent (NASDAQ:FLNT) Now Covered by Analysts at StockNews.com

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

Fluent Price Performance

Shares of NASDAQ FLNT opened at $3.00 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.94 and a current ratio of 0.94. Fluent has a fifty-two week low of $2.31 and a fifty-two week high of $4.30. The firm has a market capitalization of $50.66 million, a PE ratio of -1.67 and a beta of 2.25. The stock’s 50-day simple moving average is $2.77 and its 200-day simple moving average is $2.91.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Fluent stock. Tieton Capital Management LLC grew its stake in Fluent, Inc. (NASDAQ:FLNT) by 25.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,061,885 shares of the company’s stock after purchasing an additional 216,877 shares during the period. Tieton Capital Management LLC owned approximately 6.29% of Fluent worth $2,676,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 23.33% of the company’s stock.

Fluent Company Profile

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.