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

StockNews.com assumed coverage on shares of Power REIT (NYSE:PW) in a research report released on Monday morning. The firm issued a sell rating on the stock.

Power REIT Price Performance

Power REIT stock opened at $1.12 on Monday. The stock’s fifty day moving average price is $1.19 and its two-hundred day moving average price is $1.20. Power REIT has a one year low of $0.40 and a one year high of $2.75. The company has a debt-to-equity ratio of 15.62, a current ratio of 0.25 and a quick ratio of 0.25. The firm has a market cap of $3.80 million, a PE ratio of -0.16 and a beta of 1.63.

Hedge Funds Weigh In On Power REIT

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 filing 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 about 0.72% of Power REIT as of its most recent filing with the Securities and Exchange Commission. 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.