Polar Power Inc (NASDAQ:POLA) – Investors View The Stock Differently Today

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In the last trading session, 3.69 million shares of the Polar Power Inc (NASDAQ:POLA) were traded, and its beta was 0.50. Most recently the company’s share price was $1.86, and it changed around -$0.15 or -7.46% from the last close, which brings the market valuation of the company to $4.66M. POLA currently trades at a discount to its 52-week high of $4.90, offering almost -163.44% off that amount. The share price’s 52-week low was $2.01, which indicates that the current value has fallen by an impressive -8.06% since then.

Polar Power Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended POLA as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Polar Power Inc is expected to report earnings per share of 0 for the current quarter.

Polar Power Inc (NASDAQ:POLA) trade information

Instantly POLA has showed a red trend with a performance of -7.46% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.58 on recent trading dayincreased the stock’s daily price by 48.04%. The company’s shares are currently down -41.88% year-to-date, but still down -33.57% over the last five days. On the other hand, Polar Power Inc (NASDAQ:POLA) is -34.97% down in the 30-day period.

Polar Power Inc (NASDAQ:POLA)’s Major holders

BLACKROCK INC., with 0.4891% or 85896.0 shares worth $34273.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.

Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 11.44 shares worth $21285.0, making up 0.07% of all outstanding shares. On the other hand, Fidelity Extended Market Index Fund held roughly 8.86 shares worth around $16487.0, which represents about 0.05% of the total shares outstanding.