Power REIT (NYSE:PW) Coverage Initiated by Analysts at StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of Power REIT (NYSE:PW) in a note issued to investors on Sunday. The firm set a “sell” rating on the stock.

Power REIT Price Performance

Power REIT stock opened at $1.14 on Friday. The firm has a market capitalization of $3.88 million, a P/E ratio of -0.16 and a beta of 1.26. Power REIT has a one year low of $0.40 and a one year high of $2.75. The business has a fifty day moving average price of $1.23 and a 200-day moving average price of $1.23. The company has a debt-to-equity ratio of 15.62, a current ratio of 0.25 and a quick ratio of 0.25.

Institutional Investors Weigh In On Power REIT

An institutional investor recently bought a new position in Power REIT stock. Virtu Financial LLC acquired a new stake in shares of Power REIT (NYSE:PW) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 24,407 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned 0.72% of Power REIT as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 14.65% of the company’s stock.

Power REIT Company Profile

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.