Fluent Inc. (NASDAQ: FLNT)’s stock price has decreased by -32.63 compared to its previous closing price of 1.14. Nevertheless, the company has seen a loss of -49.47% in its stock price over the last five trading days.
Is It Worth Investing in Fluent Inc. (NASDAQ: FLNT) Right Now?
and a 36-month beta value of 2.43.
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The public float for FLNT is 42.90M, and at present, short sellers hold a 0.80% of that float. On March 17, 2023, the average trading volume of FLNT was 129.09K shares.
FLNT’s Market Performance
FLNT stock saw a decrease of -49.47% in the past week, with a monthly decline of -53.45% and a quarterly a decrease of -26.15%. The volatility ratio for the week is 15.66%, and the volatility levels for the last 30 days are 8.56% for Fluent Inc. (FLNT). The simple moving average for the last 20 days is -46.96% for FLNT stock, with a simple moving average of -42.56% for the last 200 days.
Analysts’ Opinion of FLNT
Many brokerage firms have already submitted their reports for FLNT stocks, with Barrington Research repeating the rating for FLNT by listing it as a “Outperform.” The predicted price for FLNT in the upcoming period, according to Barrington Research is $2.50 based on the research report published on May 10th of the previous year 2022.
Barrington Research gave a rating of “Outperform” to FLNT, setting the target price at $4.50 in the report published on November 02nd of the previous year.
FLNT Trading at -46.20% from the 50-Day Moving Average
After a stumble in the market that brought FLNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -67.46% of loss for the given period.
Volatility was left at 8.56%, however, over the last 30 days, the volatility rate increased by 15.66%, as shares sank -55.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.79% lower at present.
During the last 5 trading sessions, FLNT fell by -49.47%, which changed the moving average for the period of 200-days by -41.82% in comparison to the 20-day moving average, which settled at $1.4009. In addition, Fluent Inc. saw -29.54% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at FLNT starting from Khandelwal Sugandha, who sale 19,555 shares at the price of $0.98 back on Dec 15. After this action, Khandelwal Sugandha now owns 30,445 shares of Fluent Inc., valued at $19,250 using the latest closing price.
Conlin Matthew, the Chief Customer Officer of Fluent Inc., purchase 40,000 shares at $1.70 during a trade that took place back on Aug 15, which means that Conlin Matthew is holding 357,570 shares at $67,812 based on the most recent closing price.
Stock Fundamentals for FLNT
Current profitability levels for the company are sitting at:
- -0.68 for the present operating margin
- +21.98 for the gross margin
The net margin for Fluent Inc. stands at -3.06. Equity return is now at value -28.00, with -18.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.85.
To sum up, Fluent Inc. (FLNT) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.