StockNews.com Initiates Coverage on Polar Power (NASDAQ:POLA)

StockNews.com assumed coverage on shares of Polar Power (NASDAQ:POLA) in a report issued on Wednesday morning. The firm issued a sell rating on the utilities provider’s stock.

Polar Power Trading Down 2.3 %

POLA opened at $2.53 on Wednesday. The stock has a market capitalization of $6.35 million, a P/E ratio of -1.10 and a beta of 0.89. The stock has a 50-day moving average price of $2.83 and a 200-day moving average price of $3.05. Polar Power has a 12-month low of $1.78 and a 12-month high of $4.90.

Polar Power Company 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.