Fluent (FLNT) Director Purchases $35,100.00 in Stock

Fluent (NASDAQ:FLNT) Director Peter Benz purchased 15,000 shares of the business’s stock in a transaction dated Friday, May 11th. The shares were purchased at an average price of $2.34 per share, with a total value of $35,100.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

NASDAQ FLNT traded up $0.30 during trading hours on Friday, hitting $2.95. The company had a trading volume of 2,780 shares, compared to its average volume of 844,860. Fluent has a 52 week low of $2.58 and a 52 week high of $2.63. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.32. The company has a market cap of $195.57 million, a P/E ratio of -4.06, a P/E/G ratio of 0.46 and a beta of 0.12.

Fluent (NASDAQ:FLNT) last issued its earnings results on Tuesday, May 8th. The company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.04. Fluent had a negative return on equity of 13.51% and a negative net margin of 29.78%. The business had revenue of $55.99 million during the quarter. equities research analysts anticipate that Fluent will post 0.14 EPS for the current year.

FLNT has been the subject of several research reports. ValuEngine upgraded Fluent from a “strong sell” rating to a “sell” rating in a research note on Wednesday, May 2nd. Barrington Research assumed coverage on Fluent in a research note on Thursday, April 12th. They issued an “outperform” rating for the company. Finally, Zacks Investment Research downgraded Fluent from a “hold” rating to a “sell” rating in a research note on Tuesday.

Fluent Company Profile

Fluent, Inc, a data and analytics company, provides cloud-based information and performance marketing solutions to enterprises in various industries in the United States. It operates in two segments, Information Services and Performance Marketing. The Information Services segment provides solutions to organizations in the risk management and consumer marketing industries.

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