Alert: Major Price Advance (5/7/24)-Fluent Inc (NASDAQ: FLNT).

out_logo_500#63944.jpg

Fluent Inc (NASDAQ: FLNT) stock closed at $4.07 on 5/7/24 after a major increase of 16.6%. Moreover, unusually high trading volume at 172% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 35.7% during the last week.

out_mm#63944.jpg

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 20 and a very low Appreciation Score of 6, triggering the Lowest Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*