POLAR POWER INC Forecasted to Post FY2016 Earnings of $0.27 Per Share (POLA)

POLAR POWER INC (NASDAQ:POLA) – Investment analysts at Roth Capital issued their FY2016 earnings per share estimates for shares of POLAR POWER INC in a research report issued to clients and investors on Monday. Roth Capital analyst C. Irwin forecasts that the firm will post earnings per share of $0.27 for the year. Roth Capital has a “Buy” rating and a $12.00 price target on the stock. Roth Capital also issued estimates for POLAR POWER INC’s Q4 2016 earnings at $0.02 EPS, Q1 2017 earnings at $0.10 EPS, Q2 2017 earnings at $0.12 EPS, Q3 2017 earnings at $0.16 EPS, Q4 2017 earnings at $0.19 EPS and FY2017 earnings at $0.57 EPS.

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Shares of POLAR POWER INC (NASDAQ:POLA) traded down 0.0290% on Wednesday, reaching $8.2876. The company’s stock had a trading volume of 8,631 shares. The company has a market capitalization of $61.19 million and a price-to-earnings ratio of 24.0220. POLAR POWER INC has a 1-year low of $7.09 and a 1-year high of $10.69. The stock has a 50-day moving average price of $9.02 and a 200-day moving average price of $9.02.

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POLAR POWER INC Company Profile

Polar Power, Inc designs, manufactures and sells direct current (DC) power systems for applications in the telecommunications, military, electric vehicle charging, cogeneration, distributed power and uninterruptable power supply markets. The Company’s systems provide energy 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).

5 Day Chart for NASDAQ:POLA

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