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NASDAQ:POLA

Polar Power (POLA) Stock Price, News & Analysis

$0.45
0.00 (0.00%)
(As of 10/18/2024 ET)

About Polar Power Stock (NASDAQ:POLA)

Key Stats

Today's Range
$0.43
$0.45
50-Day Range
$0.38
$0.59
52-Week Range
$0.32
$1.02
Volume
162,617 shs
Average Volume
122,200 shs
Market Capitalization
$7.83 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States and internationally. The company offers DC base power systems, DC hybrid power systems, DC solar hybrid power systems, and mobile power systems. Its DC power systems are available in diesel, natural gas, LPG/propane, and renewable fuel formats. It serves customers in the telecommunications, military, commercial, industrial, and marine markets. In addition, the company sells its products through a direct sales force, and independent service providers and dealers. The company was formerly known as Polar Products, Inc. and changed its name to Polar Power, Inc. in October 1991. Polar Power, Inc. was incorporated in 1979 and is based in Gardena, California.

Polar Power Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
12th Percentile Overall Score

POLA MarketRank™: 

Polar Power scored higher than 12% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Polar Power is -0.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Polar Power is -0.95, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Polar Power has a P/B Ratio of 0.44. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Polar Power's valuation and earnings.
  • Percentage of Shares Shorted

    1.57% of the outstanding shares of Polar Power have been sold short.
  • Short Interest Ratio / Days to Cover

    Polar Power has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Polar Power has recently increased by 13.88%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Polar Power does not currently pay a dividend.

  • Dividend Growth

    Polar Power does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.57% of the outstanding shares of Polar Power have been sold short.
  • Short Interest Ratio / Days to Cover

    Polar Power has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Polar Power has recently increased by 13.88%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Polar Power has a news sentiment score of -0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Polar Power this week, compared to 6 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added Polar Power to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Polar Power insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    32.50% of the stock of Polar Power is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 26.10% of the stock of Polar Power is held by institutions.

  • Read more about Polar Power's insider trading history.
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POLA Stock News Headlines

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Elon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump.
Polar Power Generator Installed at U.N. Function
See More Headlines

POLA Stock Analysis - Frequently Asked Questions

Polar Power's stock was trading at $0.4073 on January 1st, 2024. Since then, POLA stock has increased by 9.5% and is now trading at $0.4462.
View the best growth stocks for 2024 here
.

Polar Power, Inc. (NASDAQ:POLA) posted its quarterly earnings results on Wednesday, August, 14th. The utilities provider reported $0.03 EPS for the quarter. The utilities provider earned $4.66 million during the quarter. Polar Power had a negative net margin of 55.56% and a negative trailing twelve-month return on equity of 52.52%.

Polar Power (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 served as the underwriters for the IPO and Feltl and Company was co-manager.

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

Based on aggregate information from My MarketBeat watchlists, some other companies that Polar Power investors own include Block (SQ), Digital Turbine (APPS), Palantir Technologies (PLTR), CrowdStrike (CRWD), Canoo (GOEV), Vuzix (VUZI) and ChargePoint (CHPT).

Company Calendar

Last Earnings
8/14/2024
Today
10/19/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
Electrical Equipment
Current Symbol
NASDAQ:POLA
Employees
100
Year Founded
N/A

Profitability

Net Income
$-6,550,000.00
Pretax Margin
-55.56%

Debt

Sales & Book Value

Annual Sales
$15.29 million
Book Value
$1.02 per share

Miscellaneous

Free Float
11,854,000
Market Cap
$7.90 million
Optionable
Not Optionable
Beta
0.92
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This page (NASDAQ:POLA) was last updated on 10/19/2024 by MarketBeat.com Staff
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