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

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

Power REIT Stock Performance

NYSE:PW opened at $1.18 on Wednesday. The firm’s fifty day simple moving average is $1.16 and its 200-day simple moving average is $1.19. 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 stock has a market cap of $4.00 million, a PE ratio of -0.17 and a beta of 1.63. Power REIT has a fifty-two week low of $0.40 and a fifty-two week high of $2.75.

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) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 24,407 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned about 0.72% of Power REIT at the end of the most recent quarter. 14.65% of the stock is currently owned by institutional investors and hedge funds.

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.