StockNews.com Begins Coverage on Power REIT (NYSE:PW)

Equities researchers at StockNews.com assumed coverage on shares of Power REIT (NYSE:PW) in a research report issued on Friday. The brokerage set a “hold” rating on the stock.

Power REIT Stock Performance

Shares of PW opened at $0.89 on Friday. The company has a market cap of $3.03 million, a PE ratio of -0.18 and a beta of 1.37. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 1.06. The stock has a 50-day moving average price of $0.72 and a 200-day moving average price of $0.64. Power REIT has a 12-month low of $0.40 and a 12-month high of $2.13.

About Power REIT

Power REIT, with a focus on the Triple Bottom Line and a commitment to Profit, Planet and People is a specialized real estate investment trust (REIT) that owns sustainable real estate related to infrastructure assets including properties for Controlled Environment Agriculture, Renewable Energy and Transportation.