StockNews.com began coverage on shares of Polar Power (NASDAQ:POLA – Free Report) in a research note issued to investors on Sunday. The firm issued a sell rating on the utilities provider’s stock.
Polar Power Price Performance
NASDAQ:POLA opened at $0.46 on Friday. The firm has a market capitalization of $8.04 million, a P/E ratio of -1.03 and a beta of 0.94. The company’s fifty day moving average price is $0.46 and its 200-day moving average price is $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 posted its earnings results on Wednesday, August 14th. The utilities provider reported $0.03 earnings per share for the quarter. The firm had revenue of $4.66 million during the quarter. Polar Power had a negative net margin of 55.56% and a negative return on equity of 52.52%.
Institutional Investors Weigh In On Polar Power
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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