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Equities analysis analysts at StockNews.com assumed protection on shares of Fluent (NASDAQ:FLNT – Get Rating) in a analysis report issued on Tuesday. The brokerage set a “maintain” score on the inventory.
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Individually, Canaccord Genuity Group decreased their value goal on Fluent from $5.00 to $4.00 in a analysis notice on Tuesday, November eighth.
Fluent Inventory Efficiency
Shares of FLNT stock opened at $1.48 on Tuesday. The enterprise has a 50 day easy shifting common of $1.22 and a 200 day easy shifting common of $1.32. The corporate has a debt-to-equity ratio of 0.23, a present ratio of two.01 and a fast ratio of two.01. The agency has a market capitalization of $118.33 million, a price-to-earnings ratio of -2.35 and a beta of two.33. Fluent has a 12-month low of $0.96 and a 12-month excessive of $2.36.
Fluent (NASDAQ:FLNT – Get Rating) final issued its quarterly earnings outcomes on Monday, November seventh. The corporate reported $0.04 earnings per share (EPS) for the quarter. The agency had income of $89.05 million in the course of the quarter, in comparison with analyst estimates of $94.92 million. Fluent had a constructive return on fairness of 1.83% and a unfavorable web margin of 13.82%. On common, equities analysis analysts anticipate that Fluent will publish -0.69 EPS for the present yr.
Hedge Funds Weigh In On Fluent
Quite a few institutional traders and hedge funds have not too long ago added to or lowered their stakes within the firm. Vanguard Group Inc. lifted its place in shares of Fluent by 15.2% in the course of the third quarter. Vanguard Group Inc. now owns 1,738,493 shares of the corporate’s inventory valued at $2,347,000 after buying an extra 228,922 shares over the past quarter. Millennium Administration LLC lifted its place in shares of Fluent by 288.9% in the course of the 2nd quarter. Millennium Administration LLC now owns 1,484,426 shares of the corporate’s inventory valued at $1,766,000 after buying an extra 1,102,743 shares over the past quarter. State Avenue Corp lifted its place in shares of Fluent by 1.8% in the course of the 1st quarter. State Avenue Corp now owns 753,085 shares of the corporate’s inventory valued at $1,566,000 after buying an extra 13,456 shares over the past quarter. Renaissance Applied sciences LLC acquired a brand new stake in shares of Fluent in the course of the 2nd quarter valued at $263,000. Lastly, Two Sigma Advisers LP lifted its place in shares of Fluent by 63.6% in the course of the third quarter. Two Sigma Advisers LP now owns 194,300 shares of the corporate’s inventory valued at $262,000 after buying an extra 75,500 shares over the past quarter. 26.54% of the inventory is owned by institutional traders.
About Fluent
Fluent, Inc engages within the provision of digital advertising providers. It operates via the Fluent and All Different segments. The Fluent phase contains delivering knowledge and performance-based advertising executions. The All Different phase represents the operation outcomes of AdParlor, LLC, a digital promoting resolution for social media shopping for.
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This instantaneous information alert was generated by narrative science expertise and monetary knowledge from MarketBeat in an effort to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.
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