Bard Associates Inc. Boosts Stake in Polar Power, Inc. (NASDAQ:POLA)

Bard Associates Inc. grew its position in Polar Power, Inc. (NASDAQ:POLA) by 7.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,009,123 shares of the utilities provider’s stock after purchasing an additional 210,000 shares during the period. Bard Associates Inc. owned approximately 17.14% of Polar Power worth $1,435,000 as of its most recent SEC filing.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Polar Power in a report on Sunday, November 10th. They issued a “sell” rating for the company.

Polar Power Trading Up 12.6 %

Shares of NASDAQ:POLA opened at $0.53 on Friday. Polar Power, Inc. has a one year low of $0.32 and a one year high of $0.95. The business’s 50-day simple moving average is $0.46 and its 200 day simple moving average is $0.44.

Polar Power (NASDAQ:POLA) last posted its quarterly earnings data on Wednesday, August 14th. The utilities provider reported $0.03 earnings per share for the quarter. The firm had revenue of $4.66 million for the quarter. Polar Power had a negative net margin of 55.56% and a negative return on equity of 52.52%.

Polar Power 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.