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

StockNews.com began coverage on shares of Power REIT (NYSE:PW) in a report issued on Thursday. The brokerage set a “hold” rating on the stock.

Power REIT Trading Up 10.8 %

Shares of PW opened at $0.50 on Thursday. Power REIT has a fifty-two week low of $0.40 and a fifty-two week high of $2.80. The firm has a market cap of $1.69 million, a price-to-earnings ratio of -0.11 and a beta of 1.02. The firm has a 50 day moving average price of $0.59 and a 200-day moving average price of $0.61. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.30 and a current 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.