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

Equities researchers at StockNews.com started coverage on shares of Power REIT (NYSE:PW) in a research note issued on Saturday. The brokerage set a “sell” rating on the stock.

Power REIT Price Performance

PW opened at $1.24 on Friday. The stock has a fifty day moving average price of $1.26 and a 200 day moving average price of $1.16. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 15.62. 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 $4.20 million, a price-to-earnings ratio of -0.18 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.