Investment analysts at StockNews.com began coverage on shares of Polar Power (NASDAQ:POLA – Get Free Report) in a research report issued on Friday. The brokerage set a “sell” rating on the utilities provider’s stock.
Polar Power Price Performance
Shares of Polar Power stock opened at $0.44 on Friday. The stock has a 50-day simple moving average of $0.45 and a 200-day simple moving average of $0.44. Polar Power has a 52-week low of $0.32 and a 52-week high of $0.98. The firm has a market cap of $7.72 million, a price-to-earnings ratio of -0.94 and a beta of 0.92.
Polar Power (NASDAQ:POLA – Get Free Report) last posted its earnings results on Wednesday, August 14th. The utilities provider reported $0.03 earnings per share (EPS) for the quarter. Polar Power had a negative net margin of 55.56% and a negative return on equity of 52.52%. The firm had revenue of $4.66 million during the quarter.
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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