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

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

Fluent Trading Up 2.8 %

Fluent stock opened at $3.00 on Tuesday. Fluent has a 12 month low of $2.31 and a 12 month high of $4.30. The firm has a market cap of $50.66 million, a PE ratio of -1.67 and a beta of 2.25. 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 stock’s 50 day simple moving average is $2.77 and its two-hundred 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 boosted its position in Fluent, Inc. (NASDAQ:FLNT) by 25.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,061,885 shares of the company’s stock after purchasing an additional 216,877 shares during the quarter. Tieton Capital Management LLC owned about 6.29% of Fluent worth $2,676,000 at the end of the most recent reporting period. 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.