Power REIT (NYSE:PW) Earns Sell Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Power REIT (NYSE:PW) in a research note issued to investors on Sunday. The firm issued a sell rating on the stock.

Power REIT Stock Performance

Shares of Power REIT stock opened at $1.09 on Friday. Power REIT has a 52 week low of $0.40 and a 52 week high of $2.75. 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 business has a 50 day moving average price of $1.22 and a 200-day moving average price of $1.22. The company has a market cap of $3.70 million, a PE ratio of -0.15 and a beta of 1.26.

Hedge Funds Weigh In On Power REIT

A hedge fund recently bought a new stake in Power REIT stock. Virtu Financial LLC bought a new position in shares of Power REIT (NYSE:PW) during the fourth quarter, according to its most recent filing 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 reporting period. 14.65% of the stock is owned by institutional investors and hedge funds.

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.