StockNews.com Initiates Coverage on Power REIT (NYSE:PW)

Equities researchers at StockNews.com initiated coverage on shares of Power REIT (NYSE:PW) in a note issued to investors on Thursday. The firm set a “hold” rating on the stock.

Power REIT Price Performance

Shares of NYSE PW opened at $0.47 on Thursday. The stock has a market cap of $1.58 million, a P/E ratio of -0.11 and a beta of 1.13. Power REIT has a twelve month low of $0.40 and a twelve month high of $2.80. The stock has a 50 day moving average of $0.58 and a two-hundred day moving average of $0.61. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 0.96.

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.