Polar Power (NASDAQ:POLA) Coverage Initiated at StockNews.com

Analysts at StockNews.com began coverage on shares of Polar Power (NASDAQ:POLA) in a note issued to investors on Monday. The brokerage set a “sell” rating on the utilities provider’s stock.

Polar Power Stock Down 2.1 %

POLA opened at $2.06 on Monday. Polar Power has a twelve month low of $1.78 and a twelve month high of $4.90. The stock has a market capitalization of $5.16 million, a price-to-earnings ratio of -0.89 and a beta of 0.43. The company has a 50-day simple moving average of $2.35 and a 200 day simple moving average of $2.80.

Polar Power Company Profile

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.