Power REIT (NYSE:PW) Now Covered by StockNews.com

StockNews.com began coverage on shares of Power REIT (NYSE:PW) in a research report sent to investors on Saturday. The firm issued a sell rating on the stock.

Power REIT Stock Down 3.5 %

Shares of NYSE PW opened at $1.08 on Friday. Power REIT has a 52 week low of $0.40 and a 52 week high of $2.75. The business has a 50-day simple moving average of $1.23 and a two-hundred day simple moving average of $1.25. 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 company has a market cap of $3.66 million, a P/E ratio of -0.15 and a beta of 1.26.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Power REIT stock. Virtu Financial LLC purchased 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. The firm purchased 24,407 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned approximately 0.72% of Power REIT as of its most recent SEC filing. Institutional investors own 14.65% of the company’s stock.

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.