HighTower Advisors LLC Acquires 175,210 Shares of Flux Power Holdings, Inc. (NASDAQ:FLUX)

HighTower Advisors LLC boosted its stake in shares of Flux Power Holdings, Inc. (NASDAQ:FLUX) by 176.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 274,312 shares of the company’s stock after acquiring an additional 175,210 shares during the quarter. HighTower Advisors LLC owned about 1.64% of Flux Power worth $834,000 as of its most recent SEC filing.

Flux Power Price Performance

FLUX opened at $1.58 on Thursday. The company has a quick ratio of 0.42, a current ratio of 1.10 and a debt-to-equity ratio of 0.03. The business has a fifty day moving average of $2.37 and a 200 day moving average of $2.96. Flux Power Holdings, Inc. has a 52-week low of $1.55 and a 52-week high of $5.86. The stock has a market cap of $26.36 million, a P/E ratio of -3.67 and a beta of 1.09.

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.