Investment analysts at StockNews.com began coverage on shares of Polar Power (NASDAQ:POLA – Get Free Report) in a research report issued on Wednesday. The brokerage set a “sell” rating on the utilities provider’s stock.
Polar Power Price Performance
Shares of NASDAQ:POLA traded up $0.03 on Wednesday, reaching $0.46. 19,498 shares of the company traded hands, compared to its average volume of 91,642. The company’s 50 day moving average is $0.43 and its 200-day moving average is $0.43. The stock has a market capitalization of $6.01 million, a PE ratio of -0.82 and a beta of 0.96. Polar Power has a fifty-two week low of $0.32 and a fifty-two week high of $1.58.
Polar Power (NASDAQ:POLA – Get Free Report) last released its quarterly earnings results on Wednesday, May 15th. The utilities provider reported ($0.12) earnings per share (EPS) for the quarter. Polar Power had a negative net margin of 58.84% and a negative return on equity of 54.46%. The firm had revenue of $1.78 million for the quarter.
Institutional Inflows and Outflows
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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