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 shares have increased by 69.7% and is now trading at $2.97. 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) announced its quarterly earnings data on Monday, June, 29th. The utilities provider reported ($0.02) EPS for the quarter, beating the Thomson Reuters' 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 net margin of 21.68% and a negative return on equity of 20.80%. View Polar Power's earnings history.

Headlines about POLA stock have trended negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. 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 -2.1 on InfoTrie's scale. They also assigned media stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Polar Power.

Polar Power saw a decrease in short interest in June. As of June 30th, there was short interest totaling 30,000 shares, a decrease of 15.5% from the June 15th total of 35,500 shares. Based on an average trading volume of 93,700 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.9% of the company's shares are short sold. View Polar Power's Current Options Chain.

Some companies that are related to Polar Power include Ultralife (ULBI), 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 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 $2.97.

Polar Power has a market capitalization of $30.09 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]