Power REIT (NYSE:PW) Now Covered by Analysts at StockNews.com

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

Power REIT Stock Performance

Shares of PW stock opened at $1.14 on Tuesday. Power REIT has a 1 year low of $0.40 and a 1 year high of $2.75. The company has a debt-to-equity ratio of 15.62, a quick ratio of 0.25 and a current ratio of 0.25. The stock has a fifty day moving average price of $1.17 and a 200 day moving average price of $1.19. The stock has a market cap of $3.86 million, a PE ratio of -0.16 and a beta of 1.63.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Power REIT stock. Virtu Financial LLC purchased a new position in shares of Power REIT (NYSE:PW) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 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. 14.65% of the stock is currently owned by institutional investors.

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.