26,231 Shares in Fluent, Inc. (NASDAQ:FLNT) Purchased by Intelligence Driven Advisers LLC

Intelligence Driven Advisers LLC acquired a new stake in Fluent, Inc. (NASDAQ:FLNT) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 26,231 shares of the company’s stock, valued at approximately $66,000.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Fluent in a report on Tuesday. They set a “hold” rating on the stock.

Fluent Stock Performance

Shares of FLNT opened at $2.93 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.27. Fluent, Inc. has a 52-week low of $2.31 and a 52-week high of $4.30. The company has a 50-day simple moving average of $2.77 and a 200-day simple moving average of $2.90.

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.