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

StockNews.com began coverage on shares of Power REIT (NYSE:PW) in a research note published on Saturday morning. The firm issued a sell rating on the stock.

Power REIT Trading Down 3.5 %

NYSE PW opened at $1.08 on Friday. The company has a market cap of $3.66 million, a price-to-earnings ratio of -0.15 and a beta of 1.26. Power REIT has a 52 week low of $0.40 and a 52 week high of $2.75. The business has a 50 day moving average price of $1.23 and a 200-day moving average price of $1.25. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 15.62.

Institutional Investors Weigh In On Power REIT

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

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.