NASDAQ:POLAPolar Power Stock Price, Forecast & News

Polar Power's stock was trading at $1.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, POLA stock has increased by 47.4% and is now trading at $2.58. View which stocks have been most impacted by Coronavirus.

Polar Power is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Polar Power.

Polar Power Inc (NASDAQ:POLA) posted its quarterly earnings data on Monday, June, 29th. The utilities provider reported ($0.02) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.07) by $0.05. The utilities provider earned $2.86 million during the quarter. Polar Power had a negative return on equity of 18.51% and a negative net margin of 16.31%. View Polar Power's earnings history.

News headlines about POLA stock have trended negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Polar Power earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Polar Power.

Polar Power saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 35,500 shares, a decline of 34.1% from the May 31st total of 53,900 shares. Based on an average daily volume of 96,900 shares, the short-interest ratio is currently 0.4 days. Approximately 1.0% of the company's shares are short sold. View Polar Power's Current Options Chain.

Some companies that are related to Polar Power include CBAK Energy Technology (CBAT), Flux Power (FLUX), Sono-Tek (SOTK), Evans & Sutherland Computer (ESCC), Manhattan Scientifics (MHTX), Environmental Tectonics (ETCC), mPhase Technologies (XDSL), Oakridge Global Energy Solutions (OGES) and Wireless Xcessories Group (WIRX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Polar Power investors own include FuelCell Energy (FCEL), NVIDIA (NVDA), Orion Energy Systems (OESX), Airgain (AIRG), Actinium Pharmaceuticals (ATNM), Co-Diagnostics (CODX), CVS Health (CVS), H & R Block (HRB), Ibio (IBIO) and Inovio Pharmaceuticals (INO).

(POLA) raised $15 million in an initial public offering (IPO) on Wednesday, December 7th 2016. The company issued 2,000,000 shares at a price of $7.00-$8.00 per share. Roth Capital Partners and Joseph Gunnar acted as the underwriters for the IPO and Feltl and Company was co-manager.

Polar Power trades on the NASDAQ under the ticker symbol "POLA."

Shares of POLA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of POLA stock can currently be purchased for approximately $2.58.

Polar Power has a market capitalization of $26.14 million and generates $24.80 million in revenue each year. Polar Power employs 179 workers across the globe.

The official website for Polar Power is www.polarpower.com.

Polar Power's mailing address is 249 E. GARDENA BOULEVARD, GARDENA CA, 90248. The utilities provider can be reached via phone at 310-830-9153 or via email at [email protected]