|Bid||17.55 x 1000|
|Ask||17.85 x 800|
|Day's Range||17.00 - 18.50|
|52 Week Range||4.00 - 22.50|
|Beta (5Y Monthly)||0.96|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 12, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.00|
Shares of hydrogen fuel cell pioneers Plug Power (NASDAQ: PLUG) and FuelCell Energy (NASDAQ: FCEL) exploded higher in Wednesday trading, rising 5.4% and 9.8%, respectively, by noon. Tagging along for the ride (and even exceeding those stocks' gains) is a fast-growing battery maker, Flux Power Holdings (OTC: FLUX), which notched an 11.5% gain. The last time we heard anyone talking up the sector was more than a week ago, when Morgan Stanley gave a $38 price projection for Plug Power stock.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Flux Power Holdings...
Flux Power announced three new patents pending on advanced technology related to lithium-ion battery packs.