Power REIT (NYSE:PW) Earns Sell Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of Power REIT (NYSE:PW) in a research report sent to investors on Friday morning. The brokerage issued a sell rating on the stock.

Power REIT Stock Performance

PW stock opened at $1.15 on Friday. 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 $3.90 million, a price-to-earnings ratio of -0.16 and a beta of 1.26. Power REIT has a 12 month low of $0.40 and a 12 month high of $2.75. The firm has a 50 day moving average of $1.26 and a two-hundred day moving average of $1.26.

Institutional Trading of Power REIT

A hedge fund recently bought a new stake in Power REIT stock. Virtu Financial LLC acquired a new position in Power REIT (NYSE:PW) in the fourth 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 about 0.72% of Power REIT at the end of the most recent quarter. Hedge funds and other institutional investors 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.