Analysts at StockNews.com initiated coverage on shares of Polar Power (NASDAQ:POLA – Get Free Report) in a research note issued on Thursday. The firm set a “sell” rating on the utilities provider’s stock.
Polar Power Price Performance
Shares of POLA stock opened at $2.60 on Thursday. Polar Power has a 1-year low of $2.24 and a 1-year high of $4.90. The firm has a market cap of $6.53 million, a PE ratio of -1.13 and a beta of 0.95. The company has a 50-day moving average of $3.18 and a two-hundred day moving average of $3.10.
Institutional Trading of Polar Power
A hedge fund recently raised its stake in Polar Power stock. Bard Associates Inc. grew its position in Polar Power, Inc. (NASDAQ:POLA – Free Report) by 7.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,009,123 shares of the utilities provider’s stock after buying an additional 210,000 shares during the quarter. Bard Associates Inc. owned 17.14% of Polar Power worth $1,435,000 as of its most recent filing with the Securities and Exchange Commission. 26.10% of the stock is owned by hedge funds and other institutional investors.
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.
Featured Articles
- Five stocks we like better than Polar Power
- How to Invest in Biotech Stocks
- FinWise Bancorp’s CEO Talks Strategy Behind Fintech Success
- The Most Important Warren Buffett Stock for Investors: His Own
- Broadcom: Turning the Mag 7 Into 8 Trillion-Dollar Tech Giants
- Pros And Cons Of Monthly Dividend Stocks
- SoundHound AI: Can Its Meteoric Rise Sustain Into 2025?
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.