Park Edge Advisors LLC Reduces Stock Position in Flux Power Holdings, Inc. (NASDAQ:FLUX)

Park Edge Advisors LLC trimmed its holdings in shares of Flux Power Holdings, Inc. (NASDAQ:FLUX) by 5.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 78,192 shares of the company’s stock after selling 4,375 shares during the period. Park Edge Advisors LLC’s holdings in Flux Power were worth $238,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Vanguard Group Inc. grew its position in shares of Flux Power by 14.1% in the 1st quarter. Vanguard Group Inc. now owns 530,317 shares of the company’s stock valued at $2,349,000 after buying an additional 65,448 shares during the last quarter. Hedge funds and other institutional investors own 37.96% of the company’s stock.

Flux Power Stock Performance

NASDAQ FLUX traded up $0.03 during trading hours on Friday, hitting $3.06. The company had a trading volume of 20,679 shares, compared to its average volume of 50,006. The business has a 50 day moving average of $3.14 and a 200-day moving average of $3.45. The company has a market cap of $51.04 million, a PE ratio of -7.12 and a beta of 1.17. Flux Power Holdings, Inc. has a 1-year low of $2.64 and a 1-year high of $5.86. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.42 and a current ratio of 1.10.

Flux Power 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.