Media stories about Polar Power (NASDAQ:POLA) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing 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 nearest to one being the most favorable. Polar Power earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave headlines about the utilities provider an impact score of 46.2251939009021 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Polar Power (POLA) traded up 1.05% during mid-day trading on Friday, hitting $4.79. 11,790 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $4.68 and a 200 day moving average of $4.68. The stock has a market capitalization of $48.58 million and a P/E ratio of 11.54. Polar Power has a 52 week low of $4.35 and a 52 week high of $10.69.

Polar Power (NASDAQ:POLA) last released its quarterly earnings results on Tuesday, August 8th. The utilities provider reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.08). The company had revenue of $2.50 million during the quarter, compared to analyst estimates of $5.25 million. Polar Power’s revenue was down 46.8% compared to the same quarter last year. Equities analysts forecast that Polar Power will post $0.13 earnings per share for the current fiscal year.

A number of equities research analysts recently weighed in on POLA shares. Zacks Investment Research upgraded shares of Polar Power from a “sell” rating to a “hold” rating in a research note on Thursday, August 24th. Roth Capital set a $7.00 price objective on shares of Polar Power and gave the stock a “buy” rating in a report on Wednesday, August 2nd.

ILLEGAL ACTIVITY NOTICE: This report was published by Watch List News and is the property of of Watch List News. If you are accessing this report on another domain, it was stolen and republished in violation of U.S. & international trademark and copyright laws. The original version of this report can be read at https://www.watchlistnews.com/polar-power-pola-receiving-somewhat-favorable-press-coverage-analysis-shows/1601769.html.

Polar Power Company Profile

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).

Insider Buying and Selling by Quarter for Polar Power (NASDAQ:POLA)

Receive News & Ratings for Polar Power Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polar Power Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.