Extremely significant positive changes in Flux Power Holdings Inc (NASDAQ: FLUX) investment behavior have recently occurred: its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
FLUX is expected to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Flux Power Holdings has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Flux Power Holdings has a poor Power Rating of 25 and a very low Appreciation Score of 9, resulting in the Lowest Value Trend Rating.
Recent Price Action
Flux Power Holdings Inc (NASDAQ: FLUX) stock enjoyed a very large increase of 7.3% on 1/3/24. The shares closed at $5.42. Moreover, trading volume in this advance was exceptionally high at 679% of normal. The stock has performed in line with the market over the last nine months and has risen 56.2% during the last week.
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