Flux Power Holdings, Inc. (NASDAQ:FLUX – Get Free Report) Director Lisa Walters-Hoffert sold 5,909 shares of the company’s stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $4.03, for a total value of $23,813.27. Following the completion of the sale, the director now directly owns 26,058 shares in the company, valued at approximately $105,013.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Flux Power Stock Performance
NASDAQ FLUX opened at $4.26 on Thursday. The business’s 50-day moving average price is $4.55 and its 200 day moving average price is $4.13. The company has a current ratio of 1.18, a quick ratio of 0.53 and a debt-to-equity ratio of 0.03. Flux Power Holdings, Inc. has a twelve month low of $2.97 and a twelve month high of $5.86. The company has a market capitalization of $70.42 million, a PE ratio of -11.83 and a beta of 1.33.
Flux Power (NASDAQ:FLUX – Get Free Report) last issued its quarterly earnings results on Thursday, February 8th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.04. Flux Power had a negative return on equity of 67.70% and a negative net margin of 9.07%. The firm had revenue of $18.34 million for the quarter, compared to analyst estimates of $18.02 million. On average, research analysts predict that Flux Power Holdings, Inc. will post -0.32 earnings per share for the current year.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on Flux Power
Institutional Trading of Flux Power
An institutional investor recently raised its position in Flux Power stock. B. Riley Wealth Advisors Inc. boosted its holdings in Flux Power Holdings, Inc. (NASDAQ:FLUX – Free Report) by 17.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 64,100 shares of the company’s stock after buying an additional 9,484 shares during the period. B. Riley Wealth Advisors Inc. owned 0.39% of Flux Power worth $221,000 at the end of the most recent reporting period. 37.96% of the stock is owned by institutional investors.
About Flux Power
Flux Power Holdings, Inc, through its subsidiary Flux Power, Inc, designs, develops, manufactures, and sells lithium-ion energy storage solutions for lift trucks, airport ground support equipment, and other industrial and commercial applications in the North America. It offers battery management system (BMS) that provides cell balancing, charging, discharging, monitoring, and communication between the pack and the forklift.
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