Flux Power Holdings Inc (NASDAQ: FLUX) stock suffered a major decline of -25.3% on 5/10/24. The shares closed at $3.42. Moreover, this decline was accompanied by exceptionally high trading volume at 815% of normal. The stock has been strong relative to the market over the last nine months but has declined -29.2% during the last week.
Current PriceTarget Research Rating
FLUX is expected to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Flux Power Holdings has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Flux Power Holdings has a very low Appreciation Score of 9 but a neutral Power Rating of 53, and the Lowest Value Trend Rating results.
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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