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

Investment analysts at StockNews.com assumed coverage on shares of Power REIT (NYSE:PW) in a note issued to investors on Wednesday. The firm set a “hold” rating on the stock.

Power REIT Stock Down 3.3 %

Shares of NYSE PW opened at $0.50 on Wednesday. The firm’s 50-day simple moving average is $0.61 and its 200 day simple moving average is $0.63. The company has a market cap of $1.70 million, a price-to-earnings ratio of -0.11 and a beta of 1.02. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.96. Power REIT has a 12-month low of $0.50 and a 12-month high of $3.24.

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.