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

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

Power REIT Price Performance

Shares of NYSE:PW opened at $1.18 on Wednesday. The company has a debt-to-equity ratio of 15.62, a quick ratio of 0.25 and a current ratio of 0.25. Power REIT has a one year low of $0.40 and a one year high of $2.75. The company has a 50-day simple moving average of $1.16 and a 200-day simple moving average of $1.19. The stock has a market capitalization of $4.00 million, a price-to-earnings ratio of -0.17 and a beta of 1.63.

Institutional Investors Weigh In On Power REIT

An institutional investor recently bought a new position in Power REIT stock. Virtu Financial LLC acquired a new stake in Power REIT (NYSE:PW) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 24,407 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned 0.72% of Power REIT as of its most recent SEC filing. 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.