Polar Power (NASDAQ:POLA) Earns Sell Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Polar Power (NASDAQ:POLA) in a report published on Sunday. The firm issued a sell rating on the utilities provider’s stock.

Polar Power Trading Up 1.5 %

Shares of POLA stock opened at $3.32 on Friday. The stock has a market cap of $8.33 million, a P/E ratio of -1.44 and a beta of 0.95. Polar Power has a 1 year low of $2.24 and a 1 year high of $4.90. The stock has a 50 day simple moving average of $3.05 and a 200 day simple moving average of $3.11.

Institutional Trading of Polar Power

A hedge fund recently raised its stake in Polar Power stock. Bard Associates Inc. increased its holdings in shares of Polar Power, Inc. (NASDAQ:POLA) by 7.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,009,123 shares of the utilities provider’s stock after buying an additional 210,000 shares during the period. Bard Associates Inc. owned about 17.14% of Polar Power worth $1,435,000 at the end of the most recent quarter. 26.10% of the stock is currently owned by institutional investors.

About Polar Power

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.