Flux Power Holdings Inc. (NASDAQ: FLUX): Do Not Miss The Gain Train

DE Stock
DE Stock

Flux Power Holdings Inc. (FLUX) concluded trading on 08/27/20 at a closing price of $6.07, with 1.31 million shares of worth about $7.98 million changed hands on the day. Weekly performance of the stock remained positive as price took a surge of 13.46% during that period and on Thursday the price saw a gain of about 20.20%. Currently the company’s common shares owned by public are about 5.11M shares, out of which, 3.00M shares are available for trading.

A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 0 analysts are covering the FLUX stock and their offered price forecasts bring an average price target of $14.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $14.00 and could fall to a lowest price of $14.00. However, touching the estimated high of $14.00 would mean a gain of 56.64% for the stock.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 7 times over the past 12 months. They bought 265,625 shares in 7 of the transactions. In 0 selling transactions, insiders dumped 0 shares.

Flux Power Holdings Inc. (NASDAQ: FLUX) started trading at $5.60, above $0.55 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $6.07, or with a gain of 20.20%. Stock saw a price change of 13.46% in past 5 days and over the past one month there was a price change of -24.12%. Year-to-date (YTD), FLUX shares are showing a performance of -33.95% which decreased to -55.82% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.80 but also hit the highest price of $10.09 during that period. While comparing its average daily trading volume of 101.22K shares, we see that about 1.31 million changed hands on the day. The stock is currently trading -8.58% below its 20-day simple moving average (SMA20), while that difference is down -19.96% for SMA50 and it goes to -31.29% lower than SMA200.

Flux Power Holdings Inc. (NASDAQ: FLUX) currently have 5.11M outstanding shares and institutions hold larger chunk of about 10.10% of that. Holding of mutual funds in the company is about — while other institutional holders and individual stake holders have control over 55.63% and — of the stake respectively.

The stock has a current market capitalization of $69.99M and its 3Y-monthly beta is at 0.57. It has posted earnings per share of -$2.81 in the same period. It has Quick Ratio of 0.20. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FLUX, volatility over the week remained 11.76% while standing at 8.13% over the month.

Analysts are in expectations that Flux Power Holdings Inc. (FLUX) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter ESPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to drop by -3.70%.

Analysts at 0 brokerage firms have issued recommendations for the Flux Power Holdings Inc. (FLUX)’s stock out of those 0 Wall Street analysts, 0 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.


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