Polar Power - POLA Stock Forecast, Price & News

Polar Power's stock was trading at $3.58 at the start of the year. Since then, POLA stock has decreased by 2.5% and is now trading at $3.49.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022.
View our POLA earnings forecast.

Polar Power, Inc. (NASDAQ:POLA) issued its earnings results on Monday, May, 16th. The utilities provider reported ($0.10) earnings per share (EPS) for the quarter. The utilities provider had revenue of $3.71 million for the quarter. Polar Power had a negative trailing twelve-month return on equity of 2.80% and a negative net margin of 3.64%.

8 employees have rated Polar Power Chief Executive Officer Arthur D. Sams on Glassdoor.com. Arthur D. Sams has an approval rating of 27% among the company's employees. This puts Arthur D. Sams in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Block (SQ), Zoom Video Communications (ZM), Merck & Co., Inc. (MRK) and Nokia Oyj (NOK).

(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."

Polar Power's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Baird Financial Group Inc. (2.38%) and Bard Associates Inc. (0.74%).
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Shares of POLA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of POLA stock can currently be purchased for approximately $3.49.

Polar Power (NASDAQ:POLA) has a market capitalization of $44.63 million and generates $16.90 million in revenue each year.

The company employs 106 workers across the globe.

Polar Power's mailing address is 249 E. GARDENA BOULEVARD, GARDENA CA, 90248. The official website for the company is www.polarpower.com. The utilities provider can be reached via phone at (310) 830-9153, via email at info@integra-ir.com, or via fax at 310-719-2385.