Fluent (NASDAQ:FLNT – Get Free Report) posted its quarterly earnings results on Friday. The company reported ($0.21) EPS for the quarter, topping the consensus estimate of ($0.30) by $0.09, Zacks reports. Fluent had a negative net margin of 10.59% and a negative return on equity of 64.75%.
Fluent Stock Performance
NASDAQ:FLNT traded down $0.03 during mid-day trading on Friday, reaching $2.62. 24,819 shares of the stock were exchanged, compared to its average volume of 12,962. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.27. Fluent has a 1 year low of $2.31 and a 1 year high of $4.30. The company has a 50 day simple moving average of $2.79 and a 200-day simple moving average of $2.89. The stock has a market capitalization of $44.15 million, a P/E ratio of -1.46 and a beta of 2.25.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on Fluent in a report on Thursday. They issued a “hold” rating on the 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.
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