Polar Power (NASDAQ:POLA) Announces Quarterly Earnings Results

Polar Power (NASDAQ:POLA) issued its earnings results on Monday. The utilities provider reported ($0.02) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.07) by $0.05, Bloomberg Earnings reports. Polar Power had a negative net margin of 16.31% and a negative return on equity of 18.51%.

Shares of POLA opened at $1.37 on Tuesday. The company has a current ratio of 6.98, a quick ratio of 1.92 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average is $1.37 and its two-hundred day moving average is $1.94. The firm has a market capitalization of $12.76 million, a PE ratio of 19.57 and a beta of 1.33. Polar Power has a twelve month low of $0.95 and a twelve month high of $5.00.

Polar Power Company Profile

Polar Power, Inc designs, manufactures, and sells direct current (DC) power systems for applications in the telecommunications, military, electric vehicle charging, cogeneration, distributed power, and uninterruptable power supply markets in the United States and internationally. It offers DC base power systems, DC hybrid power systems, and DC solar hybrid power systems.

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Earnings History for Polar Power (NASDAQ:POLA)

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