Streetbeat News

FLUX

Flux Power Holdings, Inc.

https://www.fluxpower.com

Industry

Electrical Equipment & Parts

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 United States. It offers battery management system (BMS) that provides cell balancing, charging, discharging, monitoring, and communication between the pack and the forklift. The company also provides 24-volt onboard chargers for its Class 3 Walkie LiFT packs; and smart wall mounted chargers to interface with its BMS. The company sells its products directly to small companies and end-users, as well as through original equipment manufacturers, lift equipment dealers, and battery distributors. Flux Power Holdings, Inc. was incorporated in 1998 and is based in Vista, California.

Open

2.05

Mkt cap

37M

Volume

56K

High

2.28

P/E Ratio

-5.21

52-wk high

5.86

Low

2.05

Div yield

N/A

52-wk low

2.02

Numerous companies are scheduled to report their quarterly earnings on February 8, 2024, with a mix of expected profits and losses across various sectors. Notable mentions include Ares Management, ArcelorMittal, and AstraZeneca among others, indicating a broad spectrum of financial health and industry performance.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 9:43 am

During Friday's intraday session, several industrial stocks experienced significant movements. Sentage Holdings (SNTG) saw a massive increase of 307.9%, while Astra Space (ASTR) rose by 26.01%. Flux Power Holdings (FLUX) and Primech Holdings (PMEC) also saw gains of 11.25% and 10.95%, respectively. Conversely, Sidus Space (SIDU) and noco-noco (NCNC) experienced declines of 26.8% and 14.95%, among other losers.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 5:31 pm

DouYu International Holdings Limited (NASDAQ:DOYU) announced a share repurchase program of up to $20 million of ordinary shares in the form of ADSS, causing its shares to rise by 14.2% to $0.8320. Other stocks experienced significant movements in Thursday's mid-day session, with various companies seeing substantial gains and losses for diverse reasons, including FDA guidance, analyst ratings, public offerings, and patent lawsuit outcomes.

Portfolio Pulse from Avi Kapoor

December 28, 2023 | 6:07 pm

During Thursday's intraday session, several industrial stocks experienced significant movements. Sidus Space (SIDU) saw a substantial increase of 197.2%, while Wheels Up Experience (UP) faced a sharp decline of 32.2%. Other notable gainers include DSS, Astra Space (ASTR), Flux Power Holdings (FLUX), Smart Powerr (CREG), and Amprius Technologies (AMPX). On the losing side, Velo3D (VLD), Earlyworks Co (ELWS), Royalty Management Holdings (RMCO), Sentage Holdings (SNTG), and WANG & LEE Group (WLGS) saw their stock prices fall.

Portfolio Pulse from Benzinga Insights

December 28, 2023 | 5:31 pm

Flux Power Holdings (NASDAQ:FLUX) reported Q1 earnings with an EPS of $-0.13, in line with estimates. However, revenue was down $3.04 million from the same period last year. The company's past performance shows a trend of missing EPS estimates, which has previously led to a drop in share price.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 9:21 pm

Flux Power Holdings (NASDAQ:FLUX) reported Q1 2024 earnings per share (EPS) of $(0.13), in line with analyst consensus. The company's quarterly sales of $14.80 million beat the analyst consensus estimate of $13.98 million by 5.84 percent, but this represents a 17.06 percent decrease from the same period last year.

Portfolio Pulse from totan@benzinga.com

November 09, 2023 | 9:16 pm

During Friday's intraday session, several industrials stocks experienced significant movements. Gainers included Proto Labs (PRLB), Mesa Air Gr (MESA), Tritium DCFC (DCFC), Fathom Digital Mfg (FATH), Sunworks (SUNW), and Flux Power Holdings (FLUX). Losers included Helios Technologies (HLIO), Paylocity Holding (PCTY), TPI Composites (TPIC), ESGL Holdings (ESGL), GrafTech International (EAF), and Paycor HCM (PYCR).

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 5:30 pm

U.S. stocks were mixed with the Dow Jones trading slightly lower and NASDAQ and S&P 500 rising. Information technology shares rose by 0.7% while consumer discretionary shares fell by 0.5%. MicroAlgo, Anterix, and Mondee Holdings saw their shares rise after various announcements, while Neptune Wellness, Scholastic Corporation, and Flux Power Holdings saw their shares fall due to various reasons. Oil traded up 0.9% to $90.44 while gold traded up 0.3% at $1,944.60.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 7:41 pm

Several stocks experienced significant price movements in Friday's mid-day session. MicroAlgo Inc. (MLGO) shares jumped 74% after unveiling a new algorithm to boost research institutions' performance. Lifezone Metals Limited (LZM) reported a H1 loss of $16.77 per share but still gained 27.4%. Mondee Holdings, Inc. (MOND) approved a $30 million share repurchase program, causing its shares to rise by 20%. On the other hand, Neptune Wellness Solutions Inc. (NEPT) shares dipped 45.7% after announcing a $4.5 million public offering. Flux Power Holdings, Inc. (FLUX) fell 15.1% following weaker-than-expected quarterly sales.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 6:22 pm

During Friday's intraday session, several industrials stocks experienced significant movements. Aenza, Globus Maritime, Shengfeng Development, Amprius Technologies, Espey Mfg & Electronics, and Virco Mfg saw their stocks rise, while Tritium DCFC, Flux Power Holdings, Molekule Group, Safe & Green Holdings, Astra Space, and Vertical Aerospace experienced declines.

Portfolio Pulse from Benzinga Insights

September 22, 2023 | 5:31 pm

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