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

StockNews.com initiated coverage on shares of Power REIT (NYSE:PW) in a research report issued to clients and investors on Wednesday. The brokerage set a “hold” rating on the stock.

Power REIT Price Performance

PW stock opened at $0.50 on Wednesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.30 and a current ratio of 0.30. Power REIT has a 1 year low of $0.48 and a 1 year high of $3.21. The firm has a market cap of $1.68 million, a P/E ratio of -0.11 and a beta of 1.02. The stock has a 50-day simple moving average of $0.60 and a 200-day simple moving average of $0.62.

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.