StockNews.com initiated coverage on shares of Fluent (NASDAQ:FLNT – Free Report) in a report issued on Friday morning. The brokerage issued a hold rating on the stock.
Fluent Trading Down 8.1 %
FLNT opened at $2.94 on Friday. The company has a market cap of $40.16 million, a price-to-earnings ratio of -0.99 and a beta of 2.31. The company’s 50 day moving average is $3.49 and its 200 day moving average is $3.31. Fluent has a 12-month low of $2.31 and a 12-month high of $4.78.
Fluent (NASDAQ:FLNT – Get Free Report) last posted its quarterly earnings data on Wednesday, May 15th. The company reported ($0.35) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.29). The business had revenue of $65.98 million during the quarter, compared to analysts’ expectations of $65.66 million. Fluent had a negative return on equity of 21.95% and a negative net margin of 14.15%. As a group, analysts predict that Fluent will post -0.55 EPS for the current fiscal year.
Institutional Investors Weigh In On Fluent
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.
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