POLA icon

Polar Power

2.87 USD
-0.07
2.38%
At close Dec 20, 4:00 PM EST
1 day
-2.38%
5 days
10.81%
1 month
-0.69%
3 months
-8.89%
6 months
9.13%
Year to date
2.50%
1 year
-2.38%
5 years
-82.85%
10 years
-95.44%
 

About: Polar Power Inc is engaged in designing, manufacturing, and selling DC power generators, renewable energy, and cooling systems for applications primarily in the telecommunications market and, to a lesser extent, in other markets, including military, electric vehicle, marine, and industrial. The company's products include DC generators, Back-up DC generators, hybrid power systems, Li-Ion battery systems, and Marine DC generators. The Companie's geographical presence is in the United States, Canada, Mexico, South Pacific Islands, Japan, Europe and Middle East and Other Asia Pacific countries.

Employees: 87

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

26% more capital invested

Capital invested by funds: $1.29M [Q2] → $1.63M (+$336K) [Q3]

1.0% more ownership

Funds ownership: 18.45% [Q2] → 19.45% (+1.0%) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 4

11% less funds holding

Funds holding: 18 [Q2] → 16 (-2) [Q3]

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

Research analyst outlook

We haven’t received any recent analyst ratings for POLA.

Financial journalist opinion

Neutral
GlobeNewsWire
1 month ago
Polar Power Announces Reverse Stock Split
GARDENA, CA, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA) (“Polar Power”), a global provider of prime, backup, solar hybrid power, and microgrid solutions, today announced that it intends to effect a reverse stock split of its common stock at a ratio of 1 post-split share for every 7 pre-split shares. The Company's common stock will continue to be traded on the Nasdaq Capital Market under the symbol “POLA” and will begin trading on a split-adjusted basis when the market opens on November 19, 2024. The reverse stock split is primarily intended to enable the Company to regain compliance with the $1.00 minimum bid price required for continued listing on The Nasdaq Capital Market. The new CUSIP number for the Company's common stock following the reverse stock split will be 73102V204.
Polar Power Announces Reverse Stock Split
Neutral
GlobeNewsWire
1 month ago
Polar Power Announces Preliminary 2024 Third Quarter Financial Results: Expected Net Sales of $4.7 - $5.2 Million and Gross Margin of 26%-32%
GARDENA, CA, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid power solutions, today announces preliminary third quarter net sales between $4.7 million and $5.2 million, representing growth of 147% to 174%, gross margin in the range of 26% to 32%, and breakeven net earnings.
Polar Power Announces Preliminary 2024 Third Quarter Financial Results: Expected Net Sales of $4.7 - $5.2 Million and Gross Margin of 26%-32%
Neutral
Newsfile Corp
2 months ago
Polar Power Announces Participation in the LD Micro Main Event XVII
Presentation on Tuesday, October 29th at 0430 PM PT Gardena, California--(Newsfile Corp. - October 16, 2024) - Polar Power (NASDAQ: POLA), a global provider of prime, backup, solar hybrid power, and microgrid solutions, announced today that it will be presenting at the 17th annual Main Event on Tuesday, October 29th at 0430 PM PT at the Luxe Sunset Boulevard Hotel. Arthur Sams, CEO, will be representing the company.
Polar Power Announces Participation in the LD Micro Main Event XVII
Neutral
GlobeNewsWire
5 months ago
Polar Power Announces Preliminary Second Quarter 2024 Corporate and Financial Update
Anticipated sales in range of $4.5-$5.0 million, backlog of approximately $5.5 million as of June 30, 2024
Polar Power Announces Preliminary Second Quarter 2024 Corporate and Financial Update
Positive
Seeking Alpha
5 months ago
U.K. Top 40 Quality Dividend Stocks: Summer 2024
Unfortunately, UK investors have had to suffer weak or negative capital gains in recent years to get those high yields. The good news is that the UK remains an attractive market for dividend investors. Don't forget that companies usually retain some of their earnings to fund expansion and growth, so dividends have (on average) grown ahead of inflation over the medium and long term,.
U.K. Top 40 Quality Dividend Stocks: Summer 2024
Neutral
GlobeNewsWire
7 months ago
Polar Power Reports First Quarter 2024 Financial Results
GARDENA, CA, May 15, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its financial results for the first quarter of 2024.
Polar Power Reports First Quarter 2024 Financial Results
Neutral
GlobeNewsWire
8 months ago
Polar Power Reports Full Year and Fourth Quarter 2023 Financial Results
GARDENA, CA, April 01, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its financial results for the three months and full year ended December 31, 2023.
Polar Power Reports Full Year and Fourth Quarter 2023 Financial Results
Neutral
GlobeNewsWire
9 months ago
Polar Power Announces $5.1 Million in New Bookings to Date in Q1 2024
Additional $2.5 Million in New Bookings includes International Military and Telecom Customers Choosing Polar Power's Unique Power Technology Platforms
Polar Power Announces $5.1 Million in New Bookings to Date in Q1 2024
Neutral
GlobeNewsWire
9 months ago
Polar Power to Participate in 36th Annual Roth Conference March 17-19, 2024
GARDENA, CA, March 07, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid power solutions, announces it will participate in the 36th Annual Roth Conference, being held at the Ritz Carlton Hotel in Dana Point, California, March 17-19, 2024.
Polar Power to Participate in 36th Annual Roth Conference March 17-19, 2024
Neutral
GlobeNewsWire
1 year ago
United Nations High Commissioner for Refugees Awards Polar Power Initial Contract to Assure Uninterrupted Quality Electric Power for African Offices
Pilot program designed to showcase the provision of reliable, easily maintained, and cost-effective electric power in bad or no grid locations
United Nations High Commissioner for Refugees Awards Polar Power Initial Contract to Assure Uninterrupted Quality Electric Power for African Offices
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