Power REIT (NYSE:PW – Get Free Report) traded down 2.2% during mid-day trading on Friday . The stock traded as low as $9.20 and last traded at $9.0550. 6,239 shares were traded during mid-day trading, a decline of 28% from the average session volume of 8,699 shares. The stock had previously closed at $9.26.
Power REIT Trading Down 2.2%
The firm has a fifty day moving average of $8.83 and a 200 day moving average of $8.58. The firm has a market capitalization of $3.32 million, a PE ratio of -1.28 and a beta of 1.32. The company has a debt-to-equity ratio of 15.62, a quick ratio of 0.25 and a current ratio of 0.25.
About Power REIT
Power REIT is a real estate investment trust focused on acquiring and managing rural properties that support sustainable energy and agricultural uses. The company’s primary business activities involve purchasing farmland and timberland and granting long-term easements to renewable energy developers and utilities for solar and wind projects. By combining traditional land ownership with energy-transition partnerships, Power REIT seeks to generate stable, lease-based cash flows while preserving the underlying real estate’s value.
The firm’s portfolio includes solar and wind easements on timberland in states such as Virginia, Alabama and Georgia, as well as farmland in the Midwest leased to agricultural operators.
Further Reading
- Five stocks we like better than Power REIT
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Receive News & Ratings for Power REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Power REIT and related companies with MarketBeat.com's FREE daily email newsletter.
