Polar Power (NASDAQ:POLA) Posts Earnings Results

Polar Power (NASDAQ:POLA) posted its quarterly earnings data on Monday. The utilities provider reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.05, Bloomberg Earnings reports. Polar Power had a negative return on equity of 18.51% and a negative net margin of 16.31%.

NASDAQ POLA opened at $1.37 on Tuesday. The stock’s 50 day simple moving average is $1.37 and its 200 day simple moving average is $1.94. The company has a debt-to-equity ratio of 0.13, a current ratio of 6.98 and a quick ratio of 1.92. The firm has a market cap of $12.76 million, a PE ratio of 19.57 and a beta of 1.33. Polar Power has a one year low of $0.95 and a one year high of $5.00.

About Polar Power

Polar Power, Inc designs, manufactures, and sells direct current (DC) power systems for applications in the telecommunications, military, electric vehicle charging, cogeneration, distributed power, and uninterruptable power supply markets in the United States and internationally. It offers DC base power systems, DC hybrid power systems, and DC solar hybrid power systems.

See Also: Why does a company issue an IPO?

Earnings History for Polar Power (NASDAQ:POLA)

Receive News & Ratings for Polar Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polar Power and related companies with MarketBeat.com's FREE daily email newsletter.