Power REIT (AMEX:PW) does about 639.95K shares in volume on a normal day but saw 13408462 shares change hands in the recent trading day. The company now has a market cap of 4.92M USD. Its current market price is $1.45, marking a decrease of -19.44% compared to the previous close of $1.80. The 52 week high reached by this stock is $2.70 whilst the lowest price level in 52 weeks is $0.40.
Power REIT (PW) has a 20-day trading average at $1.0273 and the current price is -46.30% off the 52-week high compared with 262.14% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.2830 and its 200-day simple moving average is $0.8266. If we look at the stock’s price movements over the week, volatility stands at 54.56%, which decreases to 23.58% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 58.93 to suggest the stock is neutral.
The consensus objective for the share price is $44.00, suggesting that the stock has a potential upside of 96.7% over the period.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The current price level is 43.10%, 13.53%, and 76.42% away from its SMA20, SMA50, and SMA200 respectively, with the PW price moving below the 50-day SMA on current market day. Power REIT (PW) stock is up 93.33% over the week and 31.82% over the past month. Its price is 123.18% year-to-date and 101.39% over the past year.
To reach the target analysts have set, the stock logically needs to grow 96.7 percent from here.
Outstanding shares total 3.39M with insiders holding 18.11% of the shares and institutional holders owning 13.04% of the company’s common stock. The company has a return on investment of -111.11% and return on equity of -126.83%. The beta has a value of 1.17. Price to book ratio is 15.23 and price to sales ratio is 2.24.
