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

Equities research analysts at StockNews.com began coverage on shares of Power REIT (NYSE:PW) in a research report issued on Thursday. The firm set a “sell” rating on the stock.

Power REIT Stock Performance

Shares of NYSE:PW opened at $1.16 on Thursday. The company has a market capitalization of $3.93 million, a price-to-earnings ratio of -0.16 and a beta of 1.26. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 15.62. The firm has a 50 day moving average of $1.33 and a 200 day moving average of $1.26. Power REIT has a 52 week low of $0.40 and a 52 week high of $2.75.

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.