Flux Power (NASDAQ:FLUX) Shares Up 0.3%

Flux Power Holdings, Inc. (NASDAQ:FLUX) shares were up 0.3% during mid-day trading on Tuesday . The stock traded as high as $2.97 and last traded at $2.89. Approximately 85,938 shares changed hands during trading, an increase of 4% from the average daily volume of 82,833 shares. The stock had previously closed at $2.88.

Flux Power Trading Up 11.2 %

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.10 and a quick ratio of 0.42. The firm has a market cap of $54.55 million, a PE ratio of -7.60 and a beta of 1.18. The company’s 50 day moving average price is $3.44 and its 200 day moving average price is $3.74.

Institutional Trading of Flux Power

An institutional investor recently bought a new position in Flux Power stock. Victory Capital Management Inc. purchased a new position in Flux Power Holdings, Inc. (NASDAQ:FLUX) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 12,516 shares of the company’s stock, valued at approximately $51,000. Victory Capital Management Inc. owned about 0.08% of Flux Power as of its most recent SEC filing. Institutional investors own 37.96% of the company’s stock.

Flux Power Company Profile

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.