Polar Power Inc. (POLA) is priced at $6.06 after the most recent trading session. At the very opening of the session, the stock price was $5.60 and reached a high price of $6.20, prior to closing the session it reached the value of $5.28. The stock touched a low price of $5.30.
Recently in News on July 2, 2020, Polar Power Announces $2.8 Million Private Placement. Polar Power, Inc. (POLA), a global provider of prime, backup and solar hybrid power solutions, today announced that it has entered into definitive agreements with certain institutional investors to raise aggregate gross proceeds of approximately $2.8 million through the private placement of its equity securities. You can read further details here
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Polar Power Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $6.20 on 01/07/21, with the lowest value was $4.66 for the same time period, recorded on 01/04/21.
Polar Power Inc. (POLA) full year performance was 124.44%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Polar Power Inc. shares are logging -8.73% during the 52-week period from high price, and 537.89% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.95 and $6.64.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 2108282 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Polar Power Inc. (POLA) recorded performance in the market was 26.91%, having the revenues showcasing 42.59% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 74.60M, as it employees total of 132 workers.
Polar Power Inc. (POLA) in the eye of market guru’s
During the last month, 0 analysts gave the Polar Power Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.31, with a change in the price was noted +4.09. In a similar fashion, Polar Power Inc. posted a movement of +207.61% for the period of last 100 days, recording 3,674,178 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for POLA is recording 0.19 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.16.
Polar Power Inc. (POLA): Stocks Technical analysis and Trends
Raw Stochastic average of Polar Power Inc. in the period of last 50 days is set at 86.97%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 87.16%. In the last 20 days, the company’s Stochastic %K was 67.83% and its Stochastic %D was recorded 55.19%.
If we look into the earlier routines of Polar Power Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 26.91%. Additionally, trading for the stock in the period of the last six months notably improved by 81.98%, alongside a boost of 124.44% for the period of the last 12 months. The shares increased approximately by 20.00% in the 7-day charts and went down by 39.31% in the period of the last 30 days. Common stock shares were driven by 42.59% during last recorded quarter.