Research analysts at StockNews.com started coverage on shares of Polar Power (NASDAQ:POLA – Get Free Report) in a research note issued on Thursday. The brokerage set a “sell” rating on the utilities provider’s stock.
Polar Power Stock Performance
POLA opened at $0.45 on Thursday. The stock’s 50 day simple moving average is $0.45 and its 200-day simple moving average is $0.44. The stock has a market cap of $5.88 million, a PE ratio of -0.86 and a beta of 0.92. Polar Power has a 1 year low of $0.32 and a 1 year high of $1.05.
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 net margin of 55.56% and a negative return on equity of 52.52%. The firm 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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