The stock of Fluent Inc (FLNT) has seen a -6.91% decrease in the past week, with a -17.68% drop in the past month, and a -24.48% decrease in the past quarter. The volatility ratio for the week is 5.35%, and the volatility levels for the past 30 days are at 5.85% for FLNT. The simple moving average for the past 20 days is -9.18% for FLNT’s stock, with a -23.06% simple moving average for the past 200 days.
Is It Worth Investing in Fluent Inc (NASDAQ: FLNT) Right Now?
FLNT has 36-month beta value of 2.24. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for FLNT is 7.03M, and currently, short sellers hold a 0.29% ratio of that float. The average trading volume of FLNT on September 13, 2024 was 13.15K shares.
FLNT) stock’s latest price update
The stock price of Fluent Inc (NASDAQ: FLNT) has dropped by -7.25 compared to previous close of 2.76. Despite this, the company has seen a fall of -6.91% in its stock price over the last five trading days. globenewswire.com reported 2024-09-10 that NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) — Fluent, Inc. (NASDAQ: FLNT), a partner monetization and customer acquisition solutions leader, has announced Ryan Perfit’s appointment as Chief Financial Officer (CFO). Perfit has served as interim CFO since February 1, 2023, and his appointment as CFO reflects his valuable contributions as the Company has evolved its business and financial strategies.
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 10, 2022 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 -17.82% 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 -46.40% of loss for the given period.
Volatility was left at 5.85%, however, over the last 30 days, the volatility rate increased by 5.35%, as shares sank -13.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.28% lower at present.
During the last 5 trading sessions, FLNT fell by -6.91%, which changed the moving average for the period of 200-days by -13.28% in comparison to the 20-day moving average, which settled at $2.80. In addition, Fluent Inc saw -36.32% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FLNT starting from Schulke Ryan, who purchase 3,000 shares at the price of $3.42 back on Jun 14 ’24. After this action, Schulke Ryan now owns 103,027 shares of Fluent Inc, valued at $10,246 using the latest closing price.
Schulke Ryan, the Chief Strategy Officer of Fluent Inc, purchase 21,000 shares at $0.53 during a trade that took place back on Mar 14 ’24, which means that Schulke Ryan is holding 600,159 shares at $11,128 based on the most recent closing price.
Stock Fundamentals for FLNT
Current profitability levels for the company are sitting at:
- -0.18 for the present operating margin
- 0.24 for the gross margin
The net margin for Fluent Inc stands at -0.2. The total capital return value is set at -1.6. Equity return is now at value -111.79, with -42.14 for asset returns.
Based on Fluent Inc (FLNT), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at -0.23. The debt to equity ratio resting at 1.29. The interest coverage ratio of the stock is -35.19.
Currently, EBITDA for the company is 3.04 million with net debt to EBITDA at -2.88. When we switch over and look at the enterprise to sales, we see a ratio of 0.28. The receivables turnover for the company is 4.79for trailing twelve months and the total asset turnover is 2.68. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.
Conclusion
To put it simply, Fluent Inc (FLNT) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
