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

StockNews.com started coverage on shares of Power REIT (NYSE:PW) in a report published on Tuesday. The firm issued a sell rating on the stock.

Power REIT Stock Up 3.5 %

Shares of PW opened at $1.18 on Tuesday. The firm has a market cap of $4.00 million, a PE ratio of -0.17 and a beta of 1.63. The company’s fifty day moving average is $1.16 and its two-hundred day moving average is $1.19. Power REIT has a fifty-two week low of $0.40 and a fifty-two week 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.

Hedge Funds Weigh In On Power REIT

A hedge fund recently bought a new stake in Power REIT stock. Virtu Financial LLC bought a new stake in shares of Power REIT (NYSE:PW) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 24,407 shares of the company’s stock, valued at approximately $32,000. Virtu Financial LLC owned approximately 0.72% of Power REIT at the end of the most recent quarter. 14.65% of the stock is currently owned by institutional investors and hedge funds.

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.