Alert: Major Price Decline (2/28/24)-Flux Power Holdings Inc (NASDAQ: FLUX).

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Flux Power Holdings Inc (NASDAQ: FLUX) stock closed at $4.53 on 2/28/24 after a major decline of -11.9%. Moreover, this decline was accompanied by unusually high trading volume at 151% of normal. The stock has performed in line with the market over the last nine months and has declined -19.1% during the last week.

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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 complementary signals. Flux Power Holdings has a slightly negative Power Rating of 38 and a very low Appreciation Score of 6, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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