StockNews.com began coverage on shares of Polar Power (NASDAQ:POLA – Free Report) in a report published on Tuesday. The brokerage issued a sell rating on the utilities provider’s stock.
Polar Power Stock Up 6.3 %
Shares of NASDAQ:POLA traded up $0.02 during trading on Tuesday, hitting $0.41. The stock had a trading volume of 71,379 shares, compared to its average volume of 126,863. The company has a market capitalization of $5.31 million, a PE ratio of -0.77 and a beta of 0.96. The firm’s fifty day moving average is $0.43 and its 200 day moving average is $0.43. Polar Power has a 12 month low of $0.32 and a 12 month high of $1.58.
Polar Power (NASDAQ:POLA – Get Free Report) last released its earnings results on Wednesday, May 15th. The utilities provider reported ($0.12) earnings per share for the quarter. The company had revenue of $1.78 million for the quarter. Polar Power had a negative net margin of 58.84% and a negative return on equity of 54.46%.
Hedge Funds Weigh In On Polar Power
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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