Polar Power Stock Forecast, Price & News

Polar Power's stock was trading at $1.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, POLA stock has increased by 269.1% and is now trading at $6.46.
View which stocks have been most impacted by COVID-19.

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Polar Power is scheduled to release its next quarterly earnings announcement on Monday, February 15th 2021.
View our earnings forecast for Polar Power.

Polar Power, Inc. (NASDAQ:POLA) issued its quarterly earnings results on Monday, June, 29th. The utilities provider reported ($0.02) EPS for the quarter, topping the Zacks' consensus estimate of ($0.07) by $0.05. The utilities provider had revenue of $2.86 million for the quarter. Polar Power had a negative return on equity of 37.94% and a negative net margin of 60.85%.
View Polar Power's earnings history.

Polar Power saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 692,900 shares, an increase of 14.0% from the October 15th total of 608,000 shares. Based on an average daily trading volume, of 4,490,000 shares, the days-to-cover ratio is currently 0.2 days. Currently, 14.6% of the shares of the stock are short sold.
View Polar Power's Short Interest.

Some companies that are related to Polar Power include Byrna Technologies (BYRN), Security Devices International (SDEV), AMCI Acquisition (AMCI), Flux Power (FLUX), Flux Power (FLUX), Ultralife (ULBI), Evercel (EVRC), Sono-Tek (SOTK), Manhattan Scientifics (MHTX), Evans & Sutherland Computer (ESCC), Environmental Tectonics (ETCC), mPhase Technologies (XDSL), Isomet (IOMT), AER Energy Resources (AERN) and Axion Power International (AXPWQ).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Polar Power investors own include NVIDIA (NVDA), Workhorse Group (WKHS), Inovio Pharmaceuticals (INO), Pfizer (PFE), FuelCell Energy (FCEL), iBio (IBIO), Square (SQ), Zoom Video Communications (ZM), Merck & Co., Inc. (MRK) and Nokia (NOK).

(POLA) raised $15 million in an IPO on Wednesday, December 7th 2016. The company issued 2,000,000 shares at $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."

Polar Power's stock is owned by many different institutional and retail investors. Top institutional investors include Jane Street Group LLC (0.14%).

POLA stock was acquired by a variety of institutional investors in the last quarter, including Jane Street Group LLC.

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 $6.46.

Polar Power has a market capitalization of $75.27 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]