Investment analysts at StockNews.com initiated coverage on shares of Polar Power (NASDAQ:POLA – Get Free Report) in a research note issued to investors on Tuesday. The firm set a “sell” rating on the utilities provider’s stock.
Polar Power Price Performance
Shares of NASDAQ:POLA opened at $0.48 on Tuesday. Polar Power has a 1 year low of $0.32 and a 1 year high of $1.14. The company has a market cap of $6.18 million, a PE ratio of -0.90 and a beta of 0.90. The stock’s 50-day moving average is $0.43 and its 200 day moving average is $0.44.
Polar Power (NASDAQ:POLA – Get Free Report) last announced its quarterly earnings results on Wednesday, August 14th. The utilities provider reported $0.03 earnings per share (EPS) for the quarter. Polar Power had a negative return on equity of 52.52% and a negative net margin of 55.56%. The company had revenue of $4.66 million for the quarter.
About Polar Power
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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