Polar Power (POLA) Receiving Somewhat Favorable Press Coverage, Analysis Shows
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:
- Comparing Polar Power (POLA) & Kimball Electronics (KE) (americanbankingnews.com)
- Smithsonian Channel(TM) Returns to the Skies to Investigate Catastophic Aviation Accidents with “Air Disasters” (thefutoncritic.com)
- Counter-Cultural Secrets of Successful Innovators (inc.com)
- These toxic coal pits are leaking into Indiana’s water (whas11.com)
- Nuance Energy Enables Four California Farmers to Save Over $725,000 Annually by Creating a “Solar Alliance” Energy Cooperative (marketwatch.com)
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.
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).
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