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How to Buy Polar Power Stock

Polar Power Inc

Polar Power, Inc. designs, manufactures, and sells direct current (DC) power generators, renewable energy, and cooling systems in the United States and internationally.

Polar Power stock last closed at $0.38, down 6.25% from the previous day, and has decreased 73.96% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.88 percentage points. Polar Power stock is currently +17.19% from its 52-week low of $0.32, and -76.27% from its 52-week high of $1.58.

At the moment, there are 17.56M POLA shares outstanding. The market capitalization of POLA is $6.59M. In the last 24 hours, 29,442 POLA shares were traded.

How to Buy Polar Power Stock

Wondering how to invest in Polar Power stock? Here's how.
  1. Decide where to buy Polar Power stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Polar Power stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Pick your payment method and add your details.
  4. Analyze Polar Power stock: The Polar Power ticker symbol is POLA. Is Polar Power stock a good investment? Should you buy shares of POLA? How do POLA's underlying business fundamentals look? Do top analysts think Polar Power is a good buy? Why has POLA's stock price moved recently? (Hint: Our stock research website can help you figure out if POLA is a good stock to buy).
  5. Place your POLA purchase: Decide if you will purchase POLA shares at the current market price or use a limit order to purchase POLA stock at a specific price.
  6. Get notifications regarding your POLA investment: Create a watchlist to the latest updates on your new investment in Polar Power shares.

Step 1: Decide where to buy Polar Power stock

You need an online brokerage account in order to access the NASDAQ market and buy POLA shares.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal information so you can buy POLA stock today.

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Step 3: Fund your investment account

Now that you have opened your account on one of the most highly reviewed stock market apps, you need to deposit funds:

Check out the tutorial below to see the process of transferring funds into your brokerage account.

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Step 4: Analyze Polar Power stock

After you have decided on the best place to buy Polar Power stock, it's very important to research their stock before you buy, so you actually comprehend the risk and opportunity.

Polar Power shares quick numbers

POLA Price
$0.38
1w %
-6.02%
1y %
-73.96%
5y %
-90.9%
P/E
-0.72x
P/B
0.6x
P/S
0.51x
PEG
N/A
Revenue
$12.88M
Earnings
-$7.58M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$6.59M
Next Earnings
Aug 12, 2024
Next Dividend
N/A

Fundamentals of Polar Power

WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on POLA's stock page.

Is POLA stock overvalued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge POLA's intrinsic value.

Using relative valuations measures:

  • POLA could be undervalued based on its P/B ratio of 0.6x, relative to Electrical Equipment & Parts industry P/B ratio of 4.24x

You can access additional valuation analysis on POLA's stock here.

POLA Financial Summary

Pros:

  • There are more short-term assets than short-term liabilities on the POLA balance sheet.
  • There are more short-term assets than long-term liabilities on the POLA balance sheet.

Cons:

  • POLA profit margin has gone down from -33.7% to -58.8% in the past year.
  • POLA has a relatively high debt to equity ratio of 1.16.
  • POLA has $320.00k in cash and short term investments. This is not enough to cover its annual cash burn of $3.46M.
  • POLA has cash burn of 3457000. It does not have sufficient cash and short-term investments to cover this.
  • Total POLA debt is higher than 5 years ago, relative to shareholder equity.

POLA Technical Indicators

SMA10
0.4
SMA20
0.43
SMA50
0.41
SMA100
0.42
SMA200
0.6
MACD
-0.01
MACD Signal
-0.01
MACD Histogram
-0.01
RSI
41.11
Stochastic %K
19.34
Stochastic %D
21.7
StochRSI %K
14.67
StochRSI %D
22.35

How is POLA performing as a company?

Last year, POLA revenue was $12.88M. During the last 5 year, POLA's revenue has increased by -13.71% per year. This was slower than the Electrical Equipment & Parts industry average of 10.27%.

Learn more about POLA's earnings and revenue performance here.

Latest Insiders Trades at POLA

Over the past 12 months, insiders at POLA have not bought or sold any shares.

Research more about who owns POLA shares here.

Can I rely on POLA as an income stream?

No, Polar Power doesn't provide an income stream by paying out dividends.

What others are saying about POLA

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Place your POLA purchase

You have two primary order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular dollar amount, use a limit order.

Click the Open button and your broker will place your order.

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Step 6: Get notifications regarding your POLA investment

Now that you own some POLA shares, you'll want to keep up with your new stock purchase.

Add POLA to a watchlist to track the latest developments regarding your POLA stock.

POLA Feed

How to Buy Stock in Polar Power

To reiterate, here are the 6 steps for buying Polar Power stock:

  1. Decide where to buy Polar Power stock
  2. Create your brokerage account
  3. Fund your investment account
  4. Analyze Polar Power stock
  5. Place your POLA purchase
  6. Get notifications regarding your POLA investment

If you require a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep track of your investment in Polar Power, add POLA to your watchlist by clicking the button below.

NASDAQ: POLA
$0.38-0.03 (-6.25%)
Updated Jun 20, 2024
Open eToro Account
NASDAQ: POLA
$0.38-0.03 (-6.25%)
Updated Jun 20, 2024
Open eToro Account

FAQ

How much does it cost to buy one Polar Power share?

As of Jun 20, 2024, it costs $0.38 to buy one share of Polar Power stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.19, you can buy 0.5 shares of POLA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Polar Power stock?

One way to place an order for Polar Power stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.