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

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

Power REIT Trading Down 10.1 %

Shares of PW opened at $1.33 on Wednesday. Power REIT has a 52-week low of $0.40 and a 52-week high of $2.75. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 13.91. The firm’s fifty day moving average is $1.29 and its two-hundred day moving average is $0.93. The stock has a market cap of $4.51 million, a PE ratio of -0.27 and a beta of 1.36.

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.