StockNews.com started coverage on shares of Polar Power (NASDAQ:POLA – Free Report) in a report published on Sunday morning. The firm issued a sell rating on the utilities provider’s stock.
Polar Power Price Performance
Polar Power stock opened at $0.46 on Friday. The stock has a market cap of $8.04 million, a price-to-earnings ratio of -1.03 and a beta of 0.94. The firm has a 50-day moving average of $0.46 and a two-hundred day moving average of $0.44. Polar Power has a 1 year low of $0.32 and a 1 year high of $0.96.
Polar Power (NASDAQ:POLA – Get Free Report) last issued its earnings results on Wednesday, August 14th. The utilities provider reported $0.03 earnings per share for the quarter. Polar Power had a negative return on equity of 52.52% and a negative net margin of 55.56%. The business had revenue of $4.66 million during the quarter.
Institutional Investors Weigh In On 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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