Power REIT (NYSE:PW) Coverage Initiated at StockNews.com

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

Power REIT Stock Performance

PW opened at $1.05 on Wednesday. The firm has a fifty day moving average price of $1.11 and a 200 day moving average price of $1.07. The company has a debt-to-equity ratio of 15.62, a current ratio of 0.25 and a quick ratio of 0.25. Power REIT has a 1 year low of $0.40 and a 1 year high of $2.75. The stock has a market cap of $3.56 million, a P/E ratio of -0.15 and a beta of 1.30.

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.