Stock analysts at StockNews.com assumed coverage on shares of Polar Power (NASDAQ:POLA – Get Free Report) in a report released on Wednesday. The brokerage set a “sell” rating on the utilities provider’s stock.
Polar Power Stock Performance
Shares of Polar Power stock opened at $0.38 on Wednesday. The company has a market capitalization of $4.89 million, a P/E ratio of -0.71 and a beta of 0.96. The stock has a fifty day simple moving average of $0.43 and a 200 day simple moving average of $0.43. Polar Power has a 12-month low of $0.32 and a 12-month high of $1.58.
Polar Power (NASDAQ:POLA – Get Free Report) last posted its earnings results on Wednesday, May 15th. The utilities provider reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $1.78 million during the quarter. Polar Power had a negative return on equity of 54.46% and a negative net margin of 58.84%.
Institutional Trading of Polar Power
Polar Power Company Profile
Polar Power, Inc designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States and internationally. The company offers DC base power systems, DC hybrid power systems, DC solar hybrid power systems, and mobile power systems. Its DC power systems are available in diesel, natural gas, LPG/propane, and renewable fuel formats.
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