Polar Power Inc (POLA) saw an uptrend of 12.08% in the recent trading with $10630.0 being its most recent. The current price level -60.20% lower than the highest price of $4.90 marked by the stock while trading over the past 52-weeks, whereas it is 18.54% higher than the lowest price of $1.64 the company dropped to over past 52-weeks. The latest news story on POLA appeared in (TipRanks) under the title “Charter to combine with Cox, Take-Two reports mixed Q4 results: Morning Buzz” on May-17-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.00 for the stock.
Polar Power Inc Earnings – What Happened With POLA
Coming around sales and income figures on POLA Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Polar Power Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 2.51 million. POLA does have institutional investors; and they hold 20.45% of the stock.
As on 2024-06-30, BARD ASSOCIATES INC was the top most holder in Polar Power Inc (NASDAQ:POLA) with an ownership of 2.8 million shares of the company or 15.9389 of the stake worth $1.12 million. The filing also reveals BLACKROCK INC. as the second largest holder in the company with a control over 0.4891 of the outstanding shares. Its stake is worth $34273.0 for having 85896.0 shares in hand.
GEODE CAPITAL MANAGEMENT, LLC also came holding a key position in the company during the recent quarter and it now holds 0.4583 of the outstanding shares. With this there are now 13.0 institutions which have possession in POLA’s shares.
Key Metrics forPOLA
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Polar Power Inc has a debt to equity ratio of 0.93.
Technical Analysis of Polar Power Inc (NASDAQ:POLA) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Polar Power Inc (POLA), we notice that the stock’s 20-day average volume is at 268,920 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 112,086 shares. And to end, POLA’s 100-day average volume is 152,224 shares with 100% of the long-term indicators pointing towards Sell for the stock.
