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

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

Power REIT Price Performance

NYSE:PW opened at $1.13 on Friday. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 15.62. The firm has a market capitalization of $3.83 million, a price-to-earnings ratio of -0.16 and a beta of 1.66. Power REIT has a 12-month low of $0.40 and a 12-month high of $2.75. The stock’s 50 day moving average price is $1.11 and its two-hundred day moving average price is $1.20.

Institutional Trading of Power REIT

A hedge fund recently bought a new stake in Power REIT stock. Virtu Financial LLC bought a new stake in Power REIT (NYSE:PW) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 24,407 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned about 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.

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.