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

Investment analysts at StockNews.com initiated coverage on shares of Power REIT (NYSE:PW) in a research report issued to clients and investors on Saturday. The brokerage set a “hold” rating on the stock.

Power REIT Stock Performance

Shares of Power REIT stock opened at $0.65 on Friday. The company’s 50 day moving average price is $0.57 and its two-hundred day moving average price is $0.60. The firm has a market capitalization of $2.21 million, a P/E ratio of -0.13 and a beta of 1.13. Power REIT has a fifty-two week low of $0.40 and a fifty-two week high of $2.50. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.39 and a quick ratio of 0.30.

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.