The stock of Flux Power Holdings inc (FLUX) has gone down by -5.18% for the week, with a 2.00% rise in the past month and a 18.96% rise in the past quarter. The volatility ratio for the week is 5.06%, and the volatility levels for the past 30 days are 7.05% for FLUX. The simple moving average for the past 20 days is -0.37% for FLUX’s stock, with a 7.88% simple moving average for the past 200 days.
Is It Worth Investing in Flux Power Holdings inc (NASDAQ: FLUX) Right Now?
Moreover, the 36-month beta value for FLUX is 1.31. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for FLUX is 12.01M and currently, short sellers hold a 1.36% of that float. On May 10, 2024, FLUX’s average trading volume was 73.24K shares.
FLUX) stock’s latest price update
Flux Power Holdings inc (NASDAQ: FLUX)’s stock price has gone decline by -5.37 in comparison to its previous close of 4.84, however, the company has experienced a -5.18% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-09 that Flux Power Holdings, Inc. (FLUX) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.09 per share a year ago.
Analysts’ Opinion of FLUX
Many brokerage firms have already submitted their reports for FLUX stocks, with ROTH MKM repeating the rating for FLUX by listing it as a “Buy.” The predicted price for FLUX in the upcoming period, according to ROTH MKM is $10 based on the research report published on March 06, 2024 of the current year 2024.
Maxim Group, on the other hand, stated in their research note that they expect to see FLUX reach a price target of $30. The rating they have provided for FLUX stocks is “Buy” according to the report published on February 04th, 2021.
ROTH Capital gave a rating of “Buy” to FLUX, setting the target price at $13 in the report published on October 12th of the previous year.
FLUX Trading at 3.11% from the 50-Day Moving Average
After a stumble in the market that brought FLUX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.91% of loss for the given period.
Volatility was left at 7.05%, however, over the last 30 days, the volatility rate increased by 5.06%, as shares sank -5.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.10% upper at present.
During the last 5 trading sessions, FLUX fell by -5.18%, which changed the moving average for the period of 200-days by -6.15% in comparison to the 20-day moving average, which settled at $4.58. In addition, Flux Power Holdings inc saw 11.44% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FLUX starting from Walters-Hoffert Lisa, who sale 534 shares at the price of $4.50 back on Apr 29 ’24. After this action, Walters-Hoffert Lisa now owns 27,050 shares of Flux Power Holdings inc, valued at $2,403 using the latest closing price.
Walters-Hoffert Lisa, the Director of Flux Power Holdings inc, sale 5,909 shares at $4.03 during a trade that took place back on Apr 22 ’24, which means that Walters-Hoffert Lisa is holding 26,058 shares at $23,829 based on the most recent closing price.
Stock Fundamentals for FLUX
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.29 for the gross margin
The net margin for Flux Power Holdings inc stands at -0.1. The total capital return value is set at -0.47. Equity return is now at value -65.69, with -16.03 for asset returns.
Based on Flux Power Holdings inc (FLUX), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at -0.35. The debt to equity ratio resting at 2.21. The interest coverage ratio of the stock is -2.96.
Currently, EBITDA for the company is -4.5 million with net debt to EBITDA at -4.44. When we switch over and look at the enterprise to sales, we see a ratio of 1.4. The receivables turnover for the company is 5.13for trailing twelve months and the total asset turnover is 1.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.
Conclusion
To wrap up, the performance of Flux Power Holdings inc (FLUX) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
