StockNews.com began coverage on shares of Polar Power (NASDAQ:POLA – Get Free Report) in a research note issued on Friday. The brokerage set a “sell” rating on the utilities provider’s stock.
Polar Power Trading Down 3.7 %
NASDAQ POLA opened at $0.44 on Friday. Polar Power has a 1 year low of $0.32 and a 1 year high of $0.98. The company has a fifty day simple moving average of $0.45 and a 200 day simple moving average of $0.44. The company has a market cap of $7.72 million, a P/E ratio of -0.94 and a beta of 0.92.
Polar Power (NASDAQ:POLA – Get Free Report) last released its quarterly earnings results on Wednesday, August 14th. The utilities provider reported $0.03 earnings per share (EPS) for the quarter. The company 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%.
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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