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

Equities research analysts at StockNews.com started coverage on shares of Power REIT (NYSE:PW) in a research note issued to investors on Saturday. The firm set a “sell” rating on the stock.

Power REIT Price Performance

Shares of NYSE:PW opened at $1.14 on Friday. The company has a market capitalization of $3.86 million, a P/E ratio of -0.16 and a beta of 1.66. Power REIT has a 1-year low of $0.40 and a 1-year high of $2.75. The firm’s 50 day simple moving average is $1.12 and its two-hundred day simple moving average is $1.21. The company has a debt-to-equity ratio of 15.62, a current ratio of 0.25 and a quick ratio of 0.25.

Institutional Inflows and Outflows

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 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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 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.