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

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

Power REIT Stock Down 3.6 %

Shares of PW traded down $0.04 during mid-day trading on Tuesday, hitting $1.06. 22,540 shares of the company traded hands, compared to its average volume of 400,988. Power REIT has a 1-year low of $0.40 and a 1-year high of $2.75. 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 company has a market capitalization of $3.59 million, a PE ratio of -0.15 and a beta of 1.30. The business has a 50 day moving average of $1.12 and a 200 day moving average of $1.04.

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.