Polar Power (NASDAQ:POLA) Stock Price Down 7.2% – Time to Sell?

by · The Cerbat Gem

Polar Power, Inc. (NASDAQ:POLA – Get Free Report) fell 7.2% on Monday . The stock traded as low as $2.07 and last traded at $2.07. 20,293 shares were traded during mid-day trading, an increase of 2% from the average session volume of 19,956 shares. The stock had previously closed at $2.23.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Polar Power in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Polar Power has a consensus rating of “Sell”.

Get Our Latest Research Report on Polar Power

Polar Power Price Performance

The firm’s fifty day moving average is $3.21 and its two-hundred day moving average is $2.57. The firm has a market capitalization of $5.08 million, a PE ratio of -0.85 and a beta of 0.69.

Polar Power (NASDAQ:POLA – Get Free Report) last posted its quarterly earnings data on Wednesday, November 19th. The utilities provider reported ($1.63) EPS for the quarter. Polar Power had a negative net margin of 104.14% and a negative return on equity of 135.21%. The firm had revenue of $1.27 million during the quarter.

About Polar Power

(Get Free Report)

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.

Recommended Stories