Polar Power (NASDAQ:POLA) Stock Crosses Below Fifty Day Moving Average – Should You Sell?

Polar Power, Inc. (NASDAQ:POLA)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $2.55 and traded as low as $2.03. Polar Power shares last traded at $2.20, with a volume of 4,927 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Polar Power in a research note on Saturday. They issued a “sell” rating on the stock.

Polar Power Stock Up 6.3 %

The company has a market capitalization of $5.52 million, a price-to-earnings ratio of -0.95 and a beta of 0.51. The company’s fifty day simple moving average is $2.55 and its two-hundred day simple moving average is $2.92.

About Polar Power

Polar Power, Inc designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States and internationally. The company offers DC base power systems, DC hybrid power systems, DC solar hybrid power systems, and mobile power systems. Its DC power systems are available in diesel, natural gas, LPG/propane, and renewable fuel formats.