On 5/16/24, Fluent Inc (NASDAQ: FLNT) stock suffered a major decline of -13.1%, closing at $3.45. Moreover, this decline was accompanied by unusually high trading volume at 192% of normal. Relative to the market the stock has been weak over the last nine months and has declined -14.8% during the last week.
Current PriceTarget Research Rating
FLNT is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Fluent has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Fluent has a poor Power Rating of 24 and a very low Appreciation Score of 6, leading to the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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