Virtu Financial LLC bought a new position in Power REIT (NYSE:PW – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 24,407 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned about 0.72% of Power REIT at the end of the most recent reporting period.
Power REIT Stock Performance
Power REIT stock opened at $1.12 on Wednesday. Power REIT has a one year low of $0.40 and a one year high of $2.75. The company’s fifty day moving average price is $1.15 and its two-hundred day moving average price is $1.19. The company has a debt-to-equity ratio of 15.62, a current ratio of 0.25 and a quick ratio of 0.25. The company has a market capitalization of $3.80 million, a price-to-earnings ratio of -0.16 and a beta of 1.63.
Wall Street Analyst Weigh In
Separately, StockNews.com assumed coverage on shares of Power REIT in a research note on Wednesday, March 26th. They set a “sell” rating on the stock.
Power REIT 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.
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