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

StockNews.com initiated coverage on shares of Power REIT (NYSE:PW) in a research report report published on Wednesday. The brokerage issued a hold rating on the stock.

Power REIT Trading Down 12.1 %

PW stock opened at $0.44 on Wednesday. The firm has a fifty day moving average price of $0.60 and a 200 day moving average price of $0.62. Power REIT has a fifty-two week low of $0.40 and a fifty-two week high of $3.21. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.30 and a current ratio of 0.30. The firm has a market cap of $1.48 million, a PE ratio of -0.10 and a beta of 1.02.

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.