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

StockNews.com assumed coverage on shares of Power REIT (NYSE:PW) in a research note published on Thursday. The firm issued a sell rating on the stock.

Power REIT Trading Down 2.6 %

Shares of Power REIT stock opened at $1.14 on Thursday. 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 50 day moving average of $1.11 and a 200 day moving average of $1.08. Power REIT has a fifty-two week low of $0.40 and a fifty-two week high of $2.75. The firm has a market capitalization of $3.86 million, a price-to-earnings ratio of -0.16 and a beta of 1.30.

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.