Fluent (NASDAQ:FLNT – Get Free Report) issued its quarterly earnings results on Friday. The company reported ($0.21) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.30) by $0.09, Zacks reports. Fluent had a negative return on equity of 64.75% and a negative net margin of 10.59%.
Fluent Stock Performance
Shares of Fluent stock traded down $0.03 on Friday, reaching $2.62. 24,819 shares of the stock were exchanged, compared to its average volume of 12,962. The firm has a market capitalization of $44.15 million, a PE ratio of -1.46 and a beta of 2.25. Fluent has a 1-year low of $2.31 and a 1-year high of $4.30. The business has a fifty day moving average price of $2.79 and a two-hundred day moving average price of $2.89. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.27.
Wall Street Analysts Forecast Growth
Separately, StockNews.com assumed coverage on Fluent in a report on Thursday. They issued a “hold” rating on the stock.
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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