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

Investment analysts at StockNews.com assumed coverage on shares of Power REIT (NYSE:PW) in a report released on Thursday. The brokerage set a “hold” rating on the stock.

Power REIT Stock Performance

Shares of Power REIT stock opened at $0.90 on Thursday. The firm has a market cap of $3.05 million, a P/E ratio of -0.18 and a beta of 1.30. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 1.06. Power REIT has a 12 month low of $0.40 and a 12 month high of $2.13. The stock’s fifty day moving average price is $0.69 and its 200-day moving average price is $0.63.

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.