NASDAQ:POLA - Polar Power Stock Price, Forecast & News

Polar Power's stock was trading at $1.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, POLA stock has decreased by 34.9% and is now trading at $1.14. View which stocks have been mosted impacted by Coronavirus.

Polar Power is scheduled to release its next quarterly earnings announcement on Wednesday, May 20th 2020. View our earnings forecast for Polar Power.

Polar Power Inc (NASDAQ:POLA) posted its quarterly earnings results on Thursday, August, 9th. The utilities provider reported $0.02 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.01) by $0.03. The utilities provider had revenue of $5.82 million for the quarter, compared to analyst estimates of $5.50 million. Polar Power had a return on equity of 3.02% and a net margin of 2.14%. View Polar Power's earnings history.

News coverage about POLA stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Polar Power earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news 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 aboutPolar Power.

Polar Power saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 64,300 shares, an increase of 598.9% from the February 27th total of 9,200 shares. Based on an average daily volume of 61,300 shares, the days-to-cover ratio is presently 1.0 days. Currently, 1.8% of the shares of the company are sold short. View Polar Power's Current Options Chain.

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

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), Co-Diagnostics (CODX), Inovio Pharmaceuticals (INO), Liquidity Services (LQDT), Photronics (PLAB), Arcadia Biosciences (RKDA) and SMTC (SMTX).

(POLA) raised $15 million in an 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 served 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 $1.14.

Polar Power has a market capitalization of $11.56 million and generates $24.05 million in revenue each year. Polar Power employs 179 workers across the globe. View additional information about Polar Power.

The official website for Polar Power is http://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]