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

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

Power REIT Stock Performance

Shares of PW stock opened at $1.11 on Friday. The stock has a market capitalization of $3.76 million, a price-to-earnings ratio of -0.16 and a beta of 1.30. The company’s fifty day simple moving average is $1.24 and its two-hundred day simple moving average is $1.17. Power REIT has a 1 year low of $0.40 and a 1 year high of $2.75. The company has a debt-to-equity ratio of 15.62, a current ratio of 0.25 and a quick ratio of 0.25.

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.