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

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

Power REIT Trading Up 4.7 %

NYSE PW opened at $1.12 on Monday. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 15.62. Power REIT has a twelve month low of $0.40 and a twelve month high of $2.75. The company has a market cap of $3.80 million, a price-to-earnings ratio of -0.16 and a beta of 1.63. The business’s fifty day moving average is $1.19 and its 200 day moving average is $1.20.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Power REIT stock. Virtu Financial LLC bought a new position in shares of Power REIT (NYSE:PW) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 24,407 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned 0.72% of Power REIT at the end of the most recent quarter. Institutional investors and hedge funds own 14.65% of the company’s stock.

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.