Polar Power, Inc. (POLA)
Polar Power, Inc. operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Gardena, CA, US. The stock last traded at $1.79, up 3.47% on the session, giving a market capitalisation of $5.0M. On trailing twelve-month figures it carries a trailing P/E of -0.57, a net margin of -127.5%. Its beta of 1.22 implies it has historically moved more than the broad market.
Polar Power, Inc., originally established in 1979 as Polar Products, Inc. before its name change in October 1991, is headquartered in Gardena, California. The company specializes in the engineering, manufacturing, and distribution of direct current (DC) power generators, renewable energy solutions, and cooling systems, serving both domestic and international markets. Its comprehensive product offerings include foundational DC power systems, various DC hybrid power configurations, solar-integrated DC hybrid power systems, and portable power units. These DC power solutions are designed to operate using diverse fuel sources, such as diesel, natural gas, LPG/propane, and other sustainable energy options. Polar Power caters to a broad spectrum of industries, including telecommunications, defense, commercial enterprises, industrial operations, and marine applications. The company distributes its products through a dedicated in-house sales team, complemented by a network of independent service providers and authorized dealers.
Polar Power, Inc. is most often compared with the following Industrials names: