StockNews.com Initiates Coverage on Power REIT (NYSE:PW)

Analysts at StockNews.com began coverage on shares of Power REIT (NYSE:PW) in a research note issued on Friday. The firm set a “sell” rating on the stock.

Power REIT Trading Up 1.8 %

Shares of PW opened at $1.11 on Friday. The stock has a market capitalization of $3.76 million, a P/E ratio of -0.22 and a beta of 1.36. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 13.91. The firm has a fifty day simple moving average of $1.19 and a two-hundred day simple moving average of $0.98. Power REIT has a twelve month low of $0.40 and a twelve month high of $2.75.

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.