Polar Power, Inc. (NASDAQ:POLA) Shares Sold by Bard Associates Inc.

Bard Associates Inc. lowered its stake in Polar Power, Inc. (NASDAQ:POLA) by 85.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 431,945 shares of the utilities provider’s stock after selling 2,577,178 shares during the quarter. Bard Associates Inc. owned about 17.21% of Polar Power worth $1,382,000 as of its most recent filing with the SEC.

Polar Power Trading Down 27.7 %

POLA opened at $2.01 on Tuesday. Polar Power, Inc. has a twelve month low of $1.85 and a twelve month high of $4.90. The firm has a market cap of $5.05 million, a price-to-earnings ratio of -0.87 and a beta of 0.95. The company has a fifty day simple moving average of $3.01 and a 200 day simple moving average of $3.08.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Polar Power in a report on Sunday. They issued a “sell” rating for the company.

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.