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 $0.34, down 3.64% from the previous day, and has decreased 71.8% in one year. It has underperformed other stocks in the Electrical Equipment & Parts industry by 0.84 percentage points. Polar Power stock is currently +7.5% from its 52-week low of $0.32, and -81.7% from its 52-week high of $1.88.
At the moment, there are 17.56M POLA shares outstanding. The market capitalization of POLA is $6.04M. In the last 24 hours, 75,417 POLA shares were traded.
How to Buy Polar Power Stock
Wondering how to invest in Polar Power stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your payment method and add your details.
- 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).
- 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.
- 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.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
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Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 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.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start your new trading account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
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.
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
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 0.46x, relative to Electrical Equipment & Parts industry P/B ratio of 3.88x
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 -34.8% to -42.8% in the past year.
- POLA has a relatively high debt to equity ratio of 0.92.
- POLA has $657.00k in cash and short term investments. This is not enough to cover its annual cash burn of $3.62M.
- POLA has cash burn of 3624000. 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
How is POLA performing as a company?
Last year, POLA revenue was $15.29M. During the last 5 year, POLA's revenue has increased by -8.65% per year. This was slower than the Electrical Equipment & Parts industry average of 10.11%.
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.
If you require additional help with buying stocks on eToro, click the how to video below:
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:
- Decide where to buy Polar Power stock
- Create your brokerage account
- Fund your investment account
- Analyze Polar Power stock
- Place your POLA purchase
- Get notifications regarding your POLA investment
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Polar Power, add POLA to your watchlist by clicking the button below.
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