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

StockNews.com began coverage on shares of Power REIT (NYSE:PW) in a report released on Wednesday. The brokerage issued a sell rating on the stock.

Power REIT Trading Down 3.5 %

PW opened at $1.15 on Wednesday. The company’s 50 day moving average price is $1.16 and its two-hundred day moving average price is $1.19. The firm has a market capitalization of $3.90 million, a price-to-earnings ratio of -0.16 and a beta of 1.63. Power REIT has a fifty-two week low of $0.40 and a fifty-two week high of $2.75. The company has a debt-to-equity ratio of 15.62, a current ratio of 0.25 and a quick ratio of 0.25.

Institutional Investors Weigh In On Power REIT

An institutional investor recently bought a new position in Power REIT stock. Virtu Financial LLC acquired a new stake in Power REIT (NYSE:PW) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 24,407 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned about 0.72% of Power REIT as of its most recent filing with the SEC. Institutional investors 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.