Somewhat Positive Press Coverage Somewhat Unlikely to Affect Polar Power (POLA) Share Price
News articles about Polar Power (NASDAQ:POLA) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Polar Power earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave media stories about the utilities provider an impact score of 45.7929738338816 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several analysts recently commented on POLA shares. Roth Capital set a $7.00 price target on shares of Polar Power and gave the company a “buy” rating in a research report on Sunday, October 15th. ValuEngine downgraded shares of Polar Power from a “buy” rating to a “hold” rating in a research report on Thursday, November 9th. Finally, Zacks Investment Research upgraded shares of Polar Power from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th.
Polar Power (POLA) traded down $0.15 during mid-day trading on Friday, reaching $4.89. 39,344 shares of the company traded hands, compared to its average volume of 26,419. Polar Power has a 1 year low of $4.12 and a 1 year high of $11.50. The company has a quick ratio of 18.35, a current ratio of 23.62 and a debt-to-equity ratio of 0.01.
About Polar Power
Polar Power, Inc is engaged in designing, manufacturing and selling direct current (DC) power systems for applications primarily in the telecommunications, military, electric vehicle charging, cogeneration, distributed power and uninterruptable power supply markets. Within the telecommunications market, the Company’s DC power systems provide DC power to service applications that do not have access to the utility grid (such as off-grid applications) or have critical power needs and cannot be without power in the event of utility grid failure (such as back-up power applications).
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