StockNews.com began coverage on shares of Polar Power (NASDAQ:POLA – Free Report) in a research report sent to investors on Thursday morning. The firm issued a sell rating on the utilities provider’s stock.
Polar Power Price Performance
POLA opened at $0.45 on Thursday. The firm’s 50 day moving average is $0.45 and its 200-day moving average is $0.44. Polar Power has a 52-week low of $0.32 and a 52-week high of $1.02. The firm has a market capitalization of $7.83 million, a P/E ratio of -0.95 and a beta of 0.92.
Polar Power (NASDAQ:POLA – Get Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The utilities provider reported $0.03 EPS for the quarter. The firm had revenue of $4.66 million for the quarter. Polar Power had a negative net margin of 55.56% and a negative return on equity of 52.52%.
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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