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

Analysts at StockNews.com began coverage on shares of Power REIT (NYSE:PW) in a report issued on Wednesday. The firm set a “hold” rating on the stock.

Power REIT Stock Up 11.3 %

PW stock opened at $1.77 on Wednesday. The company’s 50 day moving average is $1.09 and its 200 day moving average is $0.78. The stock has a market cap of $6.00 million, a price-to-earnings ratio of -0.36 and a beta of 1.36. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 63.11. Power REIT has a 1-year low of $0.40 and a 1-year high of $2.70.

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.