B. Riley Wealth Advisors Inc. Decreases Stock Holdings in Flux Power Holdings, Inc. (NASDAQ:FLUX)

B. Riley Wealth Advisors Inc. lessened its stake in Flux Power Holdings, Inc. (NASDAQ:FLUX) by 8.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 58,874 shares of the company’s stock after selling 5,226 shares during the quarter. B. Riley Wealth Advisors Inc. owned approximately 0.35% of Flux Power worth $183,000 at the end of the most recent reporting period.

Separately, Vanguard Group Inc. lifted its position in shares of Flux Power by 14.1% in the first quarter. Vanguard Group Inc. now owns 530,317 shares of the company’s stock valued at $2,349,000 after acquiring an additional 65,448 shares in the last quarter. 37.96% of the stock is owned by hedge funds and other institutional investors.

Flux Power Stock Performance

Shares of NASDAQ:FLUX opened at $2.98 on Friday. The business’s 50 day moving average price is $3.17 and its 200-day moving average price is $3.57. 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 current ratio of 1.10 and a quick ratio of 0.42. The firm has a market capitalization of $49.71 million, a PE ratio of -6.93 and a beta of 1.17.

About Flux Power

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.