StockNews.com initiated coverage on shares of Polar Power (NASDAQ:POLA – Free Report) in a report released on Tuesday morning. The brokerage issued a sell rating on the utilities provider’s stock.
Polar Power Price Performance
Shares of NASDAQ POLA opened at $0.45 on Tuesday. The stock has a market capitalization of $5.82 million, a PE ratio of -0.85 and a beta of 0.90. Polar Power has a one year low of $0.32 and a one year high of $1.12. The business’s fifty day moving average price is $0.43 and its 200-day moving average price is $0.44.
Polar Power (NASDAQ:POLA – Get Free Report) last released its quarterly earnings data on Wednesday, August 14th. The utilities provider reported $0.03 EPS for the quarter. The business 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 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.
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