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

Stock analysts at StockNews.com started coverage on shares of Power REIT (NYSE:PW) in a research report issued to clients and investors on Wednesday. The firm set a “sell” rating on the stock.

Power REIT Price Performance

PW stock opened at $1.16 on Wednesday. The firm has a market cap of $3.93 million, a P/E ratio of -0.16 and a beta of 1.53. The company has a debt-to-equity ratio of 15.62, a quick ratio of 0.25 and a current ratio of 0.25. Power REIT has a 1 year low of $0.60 and a 1 year high of $2.75. The stock has a 50-day simple moving average of $1.13 and a 200-day simple moving average of $1.19.

Institutional Trading of Power REIT

An institutional investor recently bought a new position in Power REIT stock. Virtu Financial LLC bought a new stake in Power REIT (NYSE:PW) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 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 SEC filing. Institutional investors and hedge funds 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.